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Topic: Online wallet, or computer wallet? (Read 1026 times)

newbie
Activity: 11
Merit: 0
May 17, 2013, 07:00:41 AM
#27
Dont store your wallet in the cloud. Paper is simple to recover and can be double secured (f.e. in a safe). Use more then one wallet (quick payments & long term).
member
Activity: 67
Merit: 10
May 17, 2013, 06:27:07 AM
#26
Hello guys, just wondering what the preferred Bitcoin storing method is around here, should I keep them in a online wallet like blockchain.info or keep them on my computer. And should I have it encrypted or put a password on it?

What if you store a copy of your wallet.dat in the cloud? like dropbox, gdrive, livedrive anywhere? Is it safe?
newbie
Activity: 12
Merit: 0
May 17, 2013, 05:30:27 AM
#25
I use Blockchain and I made a backup. In the case that Blockchain blows up I'll restore my coins.
newbie
Activity: 10
Merit: 0
May 17, 2013, 04:20:11 AM
#24
Using blockchain
newbie
Activity: 13
Merit: 0
May 17, 2013, 03:41:54 AM
#23
Brainwallets. Make a copy of http://bitaddress.org. Run it offline.

I run it on a $35 Raspberry Pi that will never ever be connected to the internet again.
full member
Activity: 182
Merit: 100
May 17, 2013, 03:13:31 AM
#22
Mix it up. Online wallet for your coinpurse, paper wallet for your bank account.

This. Though I don't quite have enough funds to warrant using a paper wallet just yet, but hopefully one day.
newbie
Activity: 4
Merit: 0
May 17, 2013, 03:13:24 AM
#21
So no one uses the good old Bitcoin QT wallet anymore huh?

I use it, with careful backup.  I find it handy to encrypt the backup and store it somewhere like dropbox.  That way its safe from prying eyes but also safe from the computer exploding/house burning down.
newbie
Activity: 8
Merit: 0
May 17, 2013, 03:10:51 AM
#20
I'm using Blockchain and Computer Wink
newbie
Activity: 8
Merit: 0
May 17, 2013, 03:05:32 AM
#19
So no one uses the good old Bitcoin QT wallet anymore huh?

I do, which I also put in encrypted TrueCrypt containers.
newbie
Activity: 14
Merit: 0
May 16, 2013, 07:11:58 PM
#18
So no one uses the good old Bitcoin QT wallet anymore huh?
legendary
Activity: 2730
Merit: 7065
May 16, 2013, 07:09:25 PM
#17
I am in for online wallet and 2 way authenticator, think its pretty safe that way...
newbie
Activity: 8
Merit: 0
May 16, 2013, 05:16:15 PM
#16
I do not trust services where I could store my wallet in the "cloud" / online / call it whatever you like.
I prefer a simple setup which requires some USB sticks and TrueCrypt.
member
Activity: 196
Merit: 10
May 16, 2013, 02:12:45 PM
#15
I'm a newbie obviously but my rationale was: A PC can suffer from being stolen, fire damage, hdd crash, water damage etc and unless you've backed it up on paper or elsewhere surely you've had it? That's why I'm not keen on the Android-only wallets, what if the phone gets stolen? But I must be missing something or no one would use them.

So I use a web wallet plus paper. Blockchain have backups, cloud-based etc, so it's unlikely to suffer those issues above. But use a different username to here otherwise you could get hacked into, even with two-factor authentication.

Good choice. "Don't put all your eggs in the one basket. Put cloned eggs in multiple baskets."
full member
Activity: 190
Merit: 100
May 16, 2013, 01:58:48 PM
#14
I'm a newbie obviously but my rationale was: A PC can suffer from being stolen, fire damage, hdd crash, water damage etc and unless you've backed it up on paper or elsewhere surely you've had it? That's why I'm not keen on the Android-only wallets, what if the phone gets stolen? But I must be missing something or no one would use them.

So I use a web wallet plus paper. Blockchain have backups, cloud-based etc, so it's unlikely to suffer those issues above. But use a different username to here otherwise you could get hacked into, even with two-factor authentication.
newbie
Activity: 33
Merit: 0
May 16, 2013, 12:34:35 PM
#13
Computer wallet can get lost
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
May 16, 2013, 12:33:03 PM
#12
Mix it up. Online wallet for your coinpurse, paper wallet for your bank account.
newbie
Activity: 33
Merit: 0
May 16, 2013, 12:30:02 PM
#11
Online wallet
legendary
Activity: 1722
Merit: 1217
May 15, 2013, 06:15:26 PM
#10
Blockchain allows you to view balance anytime from anywhere, and its quite safe enough for my needs.

Naw man, you never know if blockchain could scam you paper wallet FTW

blockchain never has access to your private keys so they couldn't steal your coins even if they wanted too.
newbie
Activity: 14
Merit: 0
May 15, 2013, 06:14:13 PM
#9
Blockchain allows you to view balance anytime from anywhere, and its quite safe enough for my needs.

Naw man, you never know if blockchain could scam you paper wallet FTW
legendary
Activity: 1722
Merit: 1217
May 15, 2013, 06:14:04 PM
#8
Hello guys, just wondering what the preferred Bitcoin storing method is around here, should I keep them in a online wallet like blockchain.info or keep them on my computer. And should I have it encrypted or put a password on it?

neither imo. i use paper wallets.

How do you encrypt it?

Not encrypted. I just keep them in my safe.
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