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Topic: Most Secure bitcoin wallet ? - page 16. (Read 36312 times)

sr. member
Activity: 448
Merit: 251
September 02, 2015, 06:58:03 PM
Xapo is a pretty secure Bitcoin wallet. It uses the "cold-storage" method of storing your coins, making it difficult for a hacker to steal your coins. You could also get a Tezor, but those are more expensive.
legendary
Activity: 1064
Merit: 1000
September 02, 2015, 05:12:22 PM
this key isnt a WIF private key though, its a extended private key. idk much about how this works.but i think extended private keys are for HD wallets.

You can try Multibit HD then, it has import private key feature too. Looks like I was wrong about extended private keys.
I don't know about copay wallet though. I suggest you to change your wallet to Bitcoin Core, Multibit or Electrum.
legendary
Activity: 2646
Merit: 1138
All paid signature campaigns should be banned.
September 02, 2015, 05:11:40 PM
im currently using the copay wallet. it gave me a extended private key.
if i lost access to copay and i wanted to sweep my funds, how do i do that with the extended private key?
An extended private key must be imported into a deterministic wallet.

Trezor, Wallet32, etc.

Bitcoin core is not a deterministic wallet.

Did you really get an extended private key or is it the list of seed words?
full member
Activity: 126
Merit: 100
September 02, 2015, 05:10:50 PM
im currently using the copay wallet. it gave me a extended private key.
if i lost access to copay and i wanted to sweep my funds, how do i do that with the extended private key?

You can manually import your private keys to Bitcoin Core.
If you don't know how to do that check this link: https://en.bitcoin.it/wiki/Help:How_to_import_private_keys_in_Bitcoin_Core_0.7%2B
this key isnt a WIF private key though, its an extended private key. idk much about how this works.but i think extended private keys are for HD wallets.
legendary
Activity: 1064
Merit: 1000
September 02, 2015, 05:08:58 PM
im currently using the copay wallet. it gave me a extended private key.
if i lost access to copay and i wanted to sweep my funds, how do i do that with the extended private key?

You can manually import your private keys to Bitcoin Core.
If you don't know how to do that check this link: https://en.bitcoin.it/wiki/Help:How_to_import_private_keys_in_Bitcoin_Core_0.7%2B
full member
Activity: 126
Merit: 100
September 02, 2015, 04:59:29 PM
im currently using the copay wallet. it gave me a extended private key.
if i lost access to copay and i wanted to sweep my funds, how do i do that with the extended private key?
legendary
Activity: 1064
Merit: 1000
September 02, 2015, 04:57:28 PM
I mean we can use it as wallet receive and send Bitcoin.

Thanks for the info

Yes, you can use exchange deposit addresses for receiving Bitcoin but that's not OP ask for. He's asking about secure wallet, we can't talk about exchanges when a 3rd party site provide our coins security.
hero member
Activity: 672
Merit: 500
September 02, 2015, 04:54:52 PM
I use Coinbase wallet, i think it is secure wallet

but there without doubt other secured wallet

Coinbase is not wallet, it's exchange. You don't own private keys.
If you don't know yet, read about exchange hacks/runaways: Mt.gox, Vircurex, inputs.io etc.

I mean we can use it as wallet receive and send Bitcoin.

Thanks for the info
legendary
Activity: 1064
Merit: 1000
September 02, 2015, 04:40:47 PM
I use Coinbase wallet, i think it is secure wallet

but there without doubt other secured wallet

Coinbase is not wallet, it's exchange. You don't own private keys.
If you don't know yet, read about exchange hacks/runaways: Mt.gox, Vircurex, inputs.io etc.
hero member
Activity: 672
Merit: 500
September 02, 2015, 04:31:46 PM
I use Coinbase wallet, i think it is secure wallet

but there without doubt other secured wallet
hero member
Activity: 686
Merit: 500
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September 02, 2015, 12:45:58 PM
Been using blockchain.info for a few months with a few bitcoin stored if you use 2 factor authentication you should be fine

Really?
https://bitcointalksearch.org/topic/bug-satoshi-nakamoto-moving-his-coins-at-this-moment-1143759
http://bitcoin.stackexchange.com/questions/38861/problems-with-blockchain-api

You should start to use cold wallet or desktop wallet.
hero member
Activity: 504
Merit: 500
September 02, 2015, 05:57:13 AM
Try to stay away from hosted wallets, and definitely stay away from hosted wallets that don't give access to your keys (exchanges), other than using them as a stop-over. For saving larger amounts, use paper wallets or a Trezor instead.
If you don't have the private key it is not a wallet.

Here it goes the situation of coinbase they don't give you private key. Just login with user password and that's it.
sr. member
Activity: 252
Merit: 250
September 01, 2015, 06:04:12 PM
Try to stay away from hosted wallets, and definitely stay away from hosted wallets that don't give access to your keys (exchanges), other than using them as a stop-over. For saving larger amounts, use paper wallets or a Trezor instead.
If you don't have the private key it is not a wallet.

i use btc qt, wheres mine located? I setup a password though, is that the private key?

i been using it for 1 year now, havent had issues.. so im sure im still secured.
legendary
Activity: 2646
Merit: 1138
All paid signature campaigns should be banned.
September 01, 2015, 05:55:58 PM
Try to stay away from hosted wallets, and definitely stay away from hosted wallets that don't give access to your keys (exchanges), other than using them as a stop-over. For saving larger amounts, use paper wallets or a Trezor instead.
If you don't have the private key it is not a wallet.
legendary
Activity: 1092
Merit: 1000
September 01, 2015, 05:27:45 PM
Try to stay away from hosted wallets, and definitely stay away from hosted wallets that don't give access to your keys (exchanges), other than using them as a stop-over. For saving larger amounts, use paper wallets or a Trezor instead.
newbie
Activity: 2
Merit: 0
September 01, 2015, 04:27:21 PM
Wallets are only as safe as you are. Blockchain.info is very safe providing you set up all the security features. Make sure you have 2-factor authentication set up at a minimum. 

Strange to see a global moderator advising this. anything which comes into contact  with online properties is vunerable. the way blockchain.info works its vunerable to rnb and man in the middle attacks and possibly a hostile take down which would mean people losing access to their private keys unless they export them which in itself means its being broadcasted to client side which effectivly opens it up for exploits although it is encryped of course
newbie
Activity: 2
Merit: 0
September 01, 2015, 04:24:59 PM
Been using blockchain.info for a few months with a few bitcoin stored if you use 2 factor authentication you should be fine
newbie
Activity: 2
Merit: 0
September 01, 2015, 04:21:55 PM
Buy a trezor they are only something like 0.2 the last time I checked if i remember correctly requires no technical knowledge like creating an offline wallet and its probably the most secure except for paper wallets
newbie
Activity: 2
Merit: 0
September 01, 2015, 04:17:20 PM
#99
bitcoin core. if you must go with a lightweight client go with electrum dont use blockchain.info or any other online wallet if you wanna do it right
legendary
Activity: 2646
Merit: 1138
All paid signature campaigns should be banned.
September 01, 2015, 04:16:37 PM
#98
People had their Bitcoins in accounts at Mt. Gox [a now defunct Bitcoin exchange].  

These people learned the hard way that there is a huge difference between having your Bitcoins in a wallet = you own/have/posses them and having them in an account = you have basically lent them out on account.

Is coinbase a wallet (you own and posses the Bitcoins) or an account (you have lent them out and coinbase now posses the Bitcoins).

This is important as the account holders at Mt. Gox (and all the other plethora of "banks" that have gone under) found out when they tried to get their Bitcoins back.
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