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Topic: Never trust an online wallet, for those who don't know - page 2. (Read 6937 times)

hero member
Activity: 490
Merit: 500
to be honest I have never encountered a problem as long as I use the wallet blockchain. they are a great company, they call that blockchain will grow by microsoft. I think they will not cheat
member
Activity: 84
Merit: 10
i trust ither wallets (e.g. blockchain, coinbase, blocktrail) but i can't trust other wallets except i mention earlier Smiley
hero member
Activity: 812
Merit: 1000
Well if that's the case i should transfer all my bitcoin into blockchain from coinbase. yeah maybe some online wallet will be gone or done in the future. But not all my bitcoins stay in one wallet.. So that if it will happen i don't lost all my bitcoin.
because I think blockchain is the most reliable wallet. they will not turn out to be scam

People have lost bitcoins from their blockchain wallet in the past, either due to their own negligence or the company's, so even if they don't scam, the risk of losing coins there are much higher but do what you should do with your money.
sr. member
Activity: 350
Merit: 250
Well if that's the case i should transfer all my bitcoin into blockchain from coinbase. yeah maybe some online wallet will be gone or done in the future. But not all my bitcoins stay in one wallet.. So that if it will happen i don't lost all my bitcoin.
because I think blockchain is the most reliable wallet. they will not turn out to be scam
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
Well if that's the case i should transfer all my bitcoin into blockchain from coinbase. yeah maybe some online wallet will be gone or done in the future. But not all my bitcoins stay in one wallet.. So that if it will happen i don't lost all my bitcoin.
hero member
Activity: 870
Merit: 500
Trading will make me rich)
I dont prefer offline wallets as they crash very often. I had an app based wallet earlier but that as well used to delay my transactions after which I am using only blockchain. Don't get what issues you had with Xapo but their support has always been the best.

I use Core wallet quite a lot. The 0.11 version. It does not crash. It is very reliable. Much better than previous ones.

Core is a nightmare IMO. Hundreds of gygabytes to download and days of synchronization with the network... if you run a server or smth like that it's OK but for ordinary people it's something unbelieaveable. Imagine if you'll have to wait few days to download transactions history when you had't use your Paypal or bank account for a while...
The blockchain is not "Hundreds of gigabytes" and it definitely does not take days to verify fully even on a 5 year old computer. With v0.12 coming very soon, CPU validation speed would be less of an issue with libsecp256k1 being introduced, increasing the efficiency. With pruning and all of these improvements, it would be easier for an average Joe to use Bitcoin Core and not online wallets (at least for desktop).

Although it maybe a good time to buy new laptop, I have ultrabook with SSD and all this GBtes of data is not something I need. And even 12 hours of downloading the blockchain is not something normal user should do.. All MS Office apps set will be downloaded much faster. And more and more people prefer to use mobile apps to send the funds.

IMO this Core soft is kind of like the first online bank software, 10 years ago or more many banks requred you to download special programs - some I remember even asked for floppy disk drive)))

Look at ebanking now, who in hell will ask the user to download some software? It's kind of last century stuff...
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
I dont prefer offline wallets as they crash very often. I had an app based wallet earlier but that as well used to delay my transactions after which I am using only blockchain. Don't get what issues you had with Xapo but their support has always been the best.

I use Core wallet quite a lot. The 0.11 version. It does not crash. It is very reliable. Much better than previous ones.

Core is a nightmare IMO. Hundreds of gygabytes to download and days of synchronization with the network... if you run a server or smth like that it's OK but for ordinary people it's something unbelieaveable. Imagine if you'll have to wait few days to download transactions history when you had't use your Paypal or bank account for a while...
The blockchain is not "Hundreds of gigabytes" and it definitely does not take days to verify fully even on a 5 year old computer. With v0.12 coming very soon, CPU validation speed would be less of an issue with libsecp256k1 being introduced, increasing the efficiency. With pruning and all of these improvements, it would be easier for an average Joe to use Bitcoin Core and not online wallets (at least for desktop).
legendary
Activity: 2450
Merit: 1047
All the post sounded like store only what you can afford to lose,if ever this online wallet close without returning all their coins to their owners they will face a huge global suit,because they work globally
member
Activity: 98
Merit: 10
I'm using xapo.com as my online wallet so this thread made me doubt from that site since it has a delay on transferring btc. I'm from Philippines and we can also use coins.ph as our online wallet and it is trusted here. But I would also want to try blockchain.info as I read all of your reviews about it then I can say it is a trusted site for online wallet.
legendary
Activity: 3472
Merit: 10611
I already tried xapo wallet before but i never experience to ban. but my problem in xapo i need top wait for a hour before i receive the verifying code to login.. I experience this issue every time i login in xapo that's why i'm stop using it. All my balance transfered to electrum.. And also i use coinbase for online base wallet.. Coinbase is the alternate option if you don't want the service of xapo.. and blockchain is the best option.

you did the best thing moving to a wallet that you control private keys and nobody can ban you and block your funds.
but if you ever experience any trouble receiving message it might be because of your network, you should contact your phone company or the service that is sending you and ask for help. it is easily fixable.
legendary
Activity: 3472
Merit: 3217
Playbet.io - Crypto Casino and Sportsbook
I already tried xapo wallet before but i never experience to ban. but my problem in xapo i need top wait for a hour before i receive the verifying code to login.. I experience this issue every time i login in xapo that's why i'm stop using it. All my balance transfered to electrum.. And also i use coinbase for online base wallet.. Coinbase is the alternate option if you don't want the service of xapo.. and blockchain is the best option.
hero member
Activity: 870
Merit: 500
Trading will make me rich)
I dont prefer offline wallets as they crash very often. I had an app based wallet earlier but that as well used to delay my transactions after which I am using only blockchain. Don't get what issues you had with Xapo but their support has always been the best.

I use Core wallet quite a lot. The 0.11 version. It does not crash. It is very reliable. Much better than previous ones.

Core is a nightmare IMO. Hundreds of gygabytes to download and days of synchronization with the network... if you run a server or smth like that it's OK but for ordinary people it's something unbelieaveable. Imagine if you'll have to wait few days to download transactions history when you had't use your Paypal or bank account for a while...
newbie
Activity: 33
Merit: 0
I dont prefer offline wallets as they crash very often. I had an app based wallet earlier but that as well used to delay my transactions after which I am using only blockchain. Don't get what issues you had with Xapo but their support has always been the best.

I use Core wallet quite a lot. The 0.11 version. It does not crash. It is very reliable. Much better than previous ones.
sr. member
Activity: 350
Merit: 250
I also had issues with Xapo and hence I shifted to Blockchain which again gave me issues. I couldn't login for 5 days and hence now I am using blocktrail that's much better. I am now using Multibit which works good.

Both xapo and blockchain.info are reliable companies for me.
Yet I chose to have as minimal coins in their wallet. The history has proven that exchanges and online wallet services can't be trusted.
legendary
Activity: 1386
Merit: 1058
I also had issues with Xapo and hence I shifted to Blockchain which again gave me issues. I couldn't login for 5 days and hence now I am using blocktrail that's much better. I am now using Multibit which works good.
legendary
Activity: 3052
Merit: 1188
I dont prefer offline wallets as they crash very often. I had an app based wallet earlier but that as well used to delay my transactions after which I am using only blockchain. Don't get what issues you had with Xapo but their support has always been the best.
member
Activity: 105
Merit: 10
Iam use xapo more than 1year without any problem Roll Eyes
hero member
Activity: 714
Merit: 528
I do not like xapo and will always do,they work like paypal had control on your bitcoin much better if you have a desktop wallet and online one but not a third party like xapo,it is good only for beginners but if you have learn a lot about bitcoin and wallets you should go for a more secured one
Agree, desktop or hardware wallet is still the best for ensuring the safety of our coins Wink
But still, i like Xapo for their free fee Roll Eyes
Would be pretty useful when you ran out of coins to pay the fee
I know that you can set your Desktop wallet to 0 but that would take lot of time to be confirmed Sad

There have been many times when users have reported of wallets like multibit crashing and requiring users to download the updates and in such cases transactions and payments get delayed even more. Can't even talk about the fee which is high. For me online wallets have always been safe and the best else all wallets are the same at the end of the day.
If the wallet crashed then it's probably the fault of the user, wallet won't crash in a random manners and something must causing it Roll Eyes
I've been using electrum for months after migrating from Xapo and i can't be more happy than before and it doesn't crash at all
maybe it's because im not doing stupid stuff on it Tongue
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
I trust Coinbase... Why not? There's not a problem with trusting them.
Many have complained about having their coinbase accounts locked. But usually it comes down to them using it for online gambling sites which is not allowed in the united states where coinbase main site is located. That can get there whole company in trouble if the feds know they are enabling their clients to fund accounts for the use of gambling online.

The user can transfer the funds from the coinbase wallet to his own local wallet and then transfer to gambling site.
What is the point of using Coinbase as a wallet then? It is much better to use your desktop wallet as the only wallet rather than storing them on coinbase. There is no advantage anyway. There is a risk of them closing your account due to your coins being linked to a gambling site.
I do not like xapo and will always do,they work like paypal had control on your bitcoin much better if you have a desktop wallet and online one but not a third party like xapo,it is good only for beginners but if you have learn a lot about bitcoin and wallets you should go for a more secured one
Agree, desktop or hardware wallet is still the best for ensuring the safety of our coins Wink
But still, i like Xapo for their free fee Roll Eyes
Would be pretty useful when you ran out of coins to pay the fee
I know that you can set your Desktop wallet to 0 but that would take lot of time to be confirmed Sad

There have been many times when users have reported of wallets like multibit crashing and requiring users to download the updates and in such cases transactions and payments get delayed even more. Can't even talk about the fee which is high. For me online wallets have always been safe and the best else all wallets are the same at the end of the day.
Online wallets has never and would never be safer than a desktop wallet. SPV clients takes little to no time to download and install and would hence be a good choice. Online wallets can be down for large amount of times due to several factors.
legendary
Activity: 2100
Merit: 1058
I do not like xapo and will always do,they work like paypal had control on your bitcoin much better if you have a desktop wallet and online one but not a third party like xapo,it is good only for beginners but if you have learn a lot about bitcoin and wallets you should go for a more secured one
Agree, desktop or hardware wallet is still the best for ensuring the safety of our coins Wink
But still, i like Xapo for their free fee Roll Eyes
Would be pretty useful when you ran out of coins to pay the fee
I know that you can set your Desktop wallet to 0 but that would take lot of time to be confirmed Sad

There have been many times when users have reported of wallets like multibit crashing and requiring users to download the updates and in such cases transactions and payments get delayed even more. Can't even talk about the fee which is high. For me online wallets have always been safe and the best else all wallets are the same at the end of the day.
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