Is that safe to have in Blockchain.info more than 10 BTC ? - page 2.

jayce

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Quote from: JITENDERPAR on January 11, 2016, 02:18:22 AM

and they suggested me to also blockchain they find out that block chain is better than other wallet .

You should read the post above yours about blockchain. Blockchain is no better than any other wallet and the worst bitcoin wallet since it has been reported many times that it can be easily hacked. It is much better if you control your own wallet instead of using a 3rd party web wallet provider

JITENDERPAR

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hey friend !!
i have only 0.01btc .
my many friends who involves in the bitcoin world to earn btc have about 10-12 btc . and they suggested me to also blockchain they find out that block chain is better than other wallet .
so if i have 20btc then i also use blockchain.info .

tss

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just as safe as keeping the bitcoin in your bank. you could do that but what would be the point? bitcoin is meant to be in sole control by its owner and not a third party. that is where it's magic comes from.

OROBTC

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Quote from: twister on January 10, 2016, 01:45:09 PM

Quote from: Curious8 on January 10, 2016, 12:54:37 PM

Is that safe to have in Blockchain.info more than 10 BTC ?
No worries ?

NO, its not safe at all. I don't care what others tell you here, its absolutely nuts to even think of keeping that much BTC there.

Web wallets should only be used when you have no other option and even then it should be used to keep very small amounts, I'd say less than half a bitcoin.

IMO the clearest explanation of why you should NOT keep large amounts of BTC at blockchain.info. I would go along with that amount (half a BTC or less), unless you own a lot and can afford a loss.

Your PC can keep BTC in a wallet (MultiBit) or you can get a hardware wallet (I have and like both the Trezor and the Ledger Nano).

Member litecoinguy has a great thread on hardware wallets.

Outlander

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Quote from: botany on January 10, 2016, 08:30:04 PM

Why take more risk than necessary?
The beauty of Bitcoin is that you can be absolutely secure, by moving your coins to cold storage.
Use an electrum (or any other cold storage wallet). Keep only coins which you use daily in a live wallet.

I think many ppl have given you the answers. I just want to say electrum is spv wallet, not cold wallet. You have to trust third party to save and process the money. Off course paper wallet (cold wallet) is most secure and cheapest way to keep btc. Another good option is hard wallet, but it costs you some money.

botany

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Why take more risk than necessary?
The beauty of Bitcoin is that you can be absolutely secure, by moving your coins to cold storage.
Use an electrum (or any other cold storage wallet). Keep only coins which you use daily in a live wallet.

Raimonn

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Online wallets aren't very safe, and 10 bitcoins is an important amount of money. If you don't have to use in few days or weeks, its better to store them on a cold wallet.

martinacar

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Quote from: MaritiJames3 on January 10, 2016, 06:56:02 PM

I would never keep more then 1 BTC on a online wallet nor a online exchange.
People urge you to make sure you withdraw it to minimize your risk.

My limit today is around 0.5 BTC per exchange. My wallet i store max. 2 bitcoins.
If i see I won't need it, i limit it to 1 bitcoin

MaritiJames3

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I would never keep more then 1 BTC on a online wallet nor a online exchange.
People urge you to make sure you withdraw it to minimize your risk.

wikenpp

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I would not reckon to do this.
Sure they are a good company and they will be a good company.

But never put so many trust in a third party when it's your money.

Chris!

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Quote from: twister on January 10, 2016, 01:45:09 PM

Quote from: Curious8 on January 10, 2016, 12:54:37 PM

Is that safe to have in Blockchain.info more than 10 BTC ?
No worries ?

NO, its not safe at all. I don't care what others tell you here, its absolutely nuts to even think of keeping that much BTC there.

Web wallets should only be used when you have no other option and even then it should be used to keep very small amounts, I'd say less than half a bitcoin.

100% agree. How much would you keep in your leather wallet if you were going to that really bad neighbourhood Close to you? That's how much I would trust blockchain.info. There are literally 100s of better, safer or more secure options. Don't be left holding an empty wallet.

WENGER

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Negative rating was requested by me (SFR10)

No it isn't as it looks but there are different percentage of risk involved like for instance if you haven't shared your address to anybody or any forum then its a bit more safe but still there's a risk and it would be better to not keep more than 0.3 Bitcoin at a time in a online wallet and keep the others on the hardware wallet of your choice.

praprata

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Is not safe, but just do it if you are sure with it.
For me I will just trust it if something happens I have my other wallets so no worries.

twister

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Quote from: Curious8 on January 10, 2016, 12:54:37 PM

Is that safe to have in Blockchain.info more than 10 BTC ?
No worries ?

NO, its not safe at all. I don't care what others tell you here, its absolutely nuts to even think of keeping that much BTC there.

Web wallets should only be used when you have no other option and even then it should be used to keep very small amounts, I'd say less than half a bitcoin.

trafficolaa

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If want to keep that coins for long term than i would like to suggest you better move these into hardware wallet or put them all into a paper wallet, if you want to use to for daily and instant access than blockchain.info wallet is secure.

Hugroll

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Quote from: Curious8 on January 10, 2016, 12:54:37 PM

Is that safe to have in Blockchain.info more than 10 BTC ?
No worries ?

the coins safety would depend on what you do imo. if you keep your computer safe from viruses and RATs and stuff from the internet, you should be fine. but just to be safe i recommend just sticking to a paper wallet honestly.

btcprospecter

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I would think it would be safe there but I prefer to split mine up so if I do end up losing some it is not all. A paper wallet could be a idea to have some safely secured. I know that gives me piece of mind.

Blind Legs Parker

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A blockchain wallet offers several levels of security that make it about as safe as a desktop wallet. Unless your computer to be infected in some way it's pretty hard if not impossible to get inside. Now it's about your own personnal wealth: if 10 BTC is all your life's savings then you might want to be more careful. Some more security wouldn't be too much. Now if it's only part of your wealth and you want to have it ready to be used for any reason, then I'd say a blockchain wallet is a good compromise between security and easiness of access. Probably one of the best if not the best, actually.

7788bitcoin

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If I were you, I will generate a few offline paper wallets for long term storage. Print out with laser printer and laminate the paper.

b-trading

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Quote from: Curious8 on January 10, 2016, 12:54:37 PM

Is that safe to have in Blockchain.info more than 10 BTC ?
No worries ?

Why don't you save it on your desktop wallet, and with the number of bitcoin as much as 10 btc i think you should divide it into several parts with a small amount in the different wallet include in blockchain.info but it is just only my opinion the real decision is up to you

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