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Topic: Most Secure bitcoin wallet ? - page 3. (Read 36312 times)

hero member
Activity: 891
Merit: 500
November 15, 2015, 10:49:57 AM
Offline wallets are usualy the most secure. hiowever keeping large amount of money in any wallet is not recommended.
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
November 15, 2015, 06:28:02 AM
Electrum is the way to go in my opinion
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
November 14, 2015, 04:13:53 PM
What's you think about coinbase? It's most secure bitcoin wallet.
Its not really secure wallets because you dont have full control of your funds and still people can control your funds that is the founder of coinbase. Cheesy
Every online wallet like coinbase,xapo,blockchain or anything it is no more secure than hardware wallet or desktop wallet. Tongue

Not to mention that Coinbase gives themselves right to close your wallet if they judge you have broken their ToS. Many accounts have been closed that were sending funds to online betting sites, poker rooms, etc.

Electrum or Multibit for desktop and you are good to go! Nobody will ever close your account and your funds will be much safer and solely under your control!
legendary
Activity: 2170
Merit: 1427
November 14, 2015, 04:55:39 AM
What's you think about coinbase? It's most secure bitcoin wallet.

no it's controlled as fuck, i don't like that my funds are 100% controlled or i would stay with fiat at this point, instead i choose bitcoin to have full control

also online wallet are known to be not secure, even so coinbase have insurance, still i want to see how strong is their insurance in case of a big amount of stolen coins...

It's funny to see that there are still people thinking letting their precious coins be controlled by a third party is secure  Cheesy Even if they have the best insurance in the world, I would never ever leave coins online. If I have to use my mobile wallet to make some real life transactions, I send the exact amount to the mobile wallet and make the transaction. If there are coins left, I direcly send them back to my offline wallet. If my mobile wallet isn't in use, the balance is always zero.

Same counts for exchanges. If I am going to do some day trading, I simply send the amount of coins I want and start trading. When I am done trading the next day, or the day after that, all coins will go back to my offline wallet. It's that simple.
legendary
Activity: 3248
Merit: 1072
November 14, 2015, 02:39:06 AM
What's you think about coinbase? It's most secure bitcoin wallet.

no it's controlled as fuck, i don't like that my funds are 100% controlled or i would stay with fiat at this point, instead i chose bitcoin to have full control

also online wallet are known to be not secure, even so coinbase have insurance, still i want to see how strong is their insurance in case of a big amount of stolen coins...
hero member
Activity: 630
Merit: 502
November 13, 2015, 11:20:34 PM
What's you think about coinbase? It's most secure bitcoin wallet.
Most secure would be hardware/paper wallets. Coinbase does have a feature which allows users to have full control over their keys with multisig vault. That wouldn't be as secure as creating one yourself IMO. However, the coins are insured against hacks so you would be quite safe imo.
sr. member
Activity: 444
Merit: 250
November 13, 2015, 10:43:58 PM
Blockchain. info is a very safe bitcoin wallet.
You can totally trust them unlike the others that you can't.

No you can't trust blockchain 100%

I definitely agree, many users have been complaining about losing their btc on that site.
hero member
Activity: 910
Merit: 1000
November 13, 2015, 10:29:50 PM
What's you think about coinbase? It's most secure bitcoin wallet.

its not really secure wallet as users dont have their full control over their funds. using an exchange site as bitcoin storage isnt really a good idea tho
full member
Activity: 149
Merit: 100
November 13, 2015, 10:21:14 PM
What's you think about coinbase? It's most secure bitcoin wallet.
hero member
Activity: 910
Merit: 1000
November 13, 2015, 09:20:04 PM
Blockchain. info is a very safe bitcoin wallet.
You can totally trust them unlike the others that you can't.

No you can't trust blockchain 100%

I used blockchain some years and no any problem. I beleive it.

well, you can still use blockchain.info wallet for small amount of bitcoins but dont use it if you have large amount as they are always having some kind of issue and IIRC there are some users that got hacked on their blockchain.info wallets
full member
Activity: 347
Merit: 100
November 13, 2015, 09:00:47 PM
Blockchain. info is a very safe bitcoin wallet.
You can totally trust them unlike the others that you can't.

No you can't trust blockchain 100%

I used blockchain some years and no any problem. I beleive it.
newbie
Activity: 2
Merit: 0
November 13, 2015, 08:57:42 PM
Airbitz is the best for mobile. It automatically backs up your keys, has One Touch Two Factor, password recovery questions, and all information is encrypted locally. If servers for some reason go down you can still access your funds and you hold the private keys. It also has a merchant directory so it's easy to find businesses to spend bitcoin near you. I think it's the easiest and most secure for people totally new to bitcoin. With Blockchain's app I would take extra caution and enable 2FA on your email address. There are more attack vectors for web based wallets as opposed to mobile ones.

For hardware wallets, I've used Trezor which is great and I've also heard Ledger is good too but do not have experience with that one.
newbie
Activity: 1
Merit: 0
November 13, 2015, 08:50:28 PM
KeepKey for storing large numbers of coins.
hero member
Activity: 644
Merit: 509
November 13, 2015, 08:48:27 PM
Blockchain. info is a very safe bitcoin wallet.
You can totally trust them unlike the others that you can't.

No you can't trust blockchain 100%
sr. member
Activity: 361
Merit: 250
November 13, 2015, 05:17:32 PM
A cold wallet/paper wallet is the most secure wallet you can use.

Never, ever use a brain wallet of any kind to store any large sum of bitcoins. You'll get hacked.
full member
Activity: 126
Merit: 100
November 13, 2015, 05:07:41 PM
Blockchain. info is a very safe bitcoin wallet.
You can totally trust them unlike the others that you can't.
hero member
Activity: 630
Merit: 502
November 13, 2015, 02:39:02 AM
Bitcoin core is the most effective wallet if you considering security as well as ease of use.
Bitcoin Core does not qualify as a userfriendly wallet. It takes a long time for users to download and verify the entire blockchain if it's the first download or after several months. The bandwidth usage is also very high. SPV clients are slightly less secure as they trust the miners completely but takes seconds to setup.

Even bitcoin core takes lots of bandwidth and synchronization time for set up it's the only wallet indiscriminately developed by bitcoin foundation. But it's not recommended to all type of users only for advanced users can use all the features of it.
Its developed by satoshi himself, taken over by Gavin Andreasen. Bitcoin Foundation afaik, isn't involved in the development.

I can't agree too much on your point. You are right about an average user using an SPV client would be good enough but in reality, those who care about security should do so. It verifies the block individually and does not place any trust on anyone. SPV Clients on the other hand requires trust placed on the miners.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 13, 2015, 01:08:35 AM
But I prefer online wallets like blockcahin.info or coinbase. I will ease of use with them as I can access my bitcoin where ever I go. No set up head aches and securing private key dilemmas. I love online bitcoin wallets.
Thats nice, but if the site shuts down unexpectedly,what can you do with your online balance? Probably nothing. This is the reason why I have only little money in my web wallet. People prefer something like cold storage to put bitcoin in there to be after.
Not saying that I like blockchain.info but they do allow users to have a backup of their private key and could allow users to transfer the private key to their desktop wallet. Wallets like greenaddress.it has 2 of 3 multisig address, users control 2, site controls one. The website wouldn't be able to get your coins and you can use your coins even if they closes down.
hero member
Activity: 644
Merit: 509
November 12, 2015, 09:28:00 PM
But I prefer online wallets like blockcahin.info or coinbase. I will ease of use with them as I can access my bitcoin where ever I go. No set up head aches and securing private key dilemmas. I love online bitcoin wallets.

The problem of coinbase is private key, if coinbase shutting down his bitcoin wallet service and you didn't have "prive key" (because coinbase not give you acces to priv key) so you will lose your bitcoin Smiley

i prefer you to use bitcoin android app, safe and full acces also "pure nodes" like bitcoin core
hero member
Activity: 1442
Merit: 629
Vires in Numeris
November 12, 2015, 04:23:36 PM
But I prefer online wallets like blockcahin.info or coinbase. I will ease of use with them as I can access my bitcoin where ever I go. No set up head aches and securing private key dilemmas. I love online bitcoin wallets.
Thats nice, but if the site shuts down unexpectedly,what can you do with your online balance? Probably nothing. This is the reason why I have only little money in my web wallet. People prefer something like cold storage to put bitcoin in there to be after.
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