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Topic: Offline Wallets Vs Online Wallets - page 12. (Read 16653 times)

sr. member
Activity: 420
Merit: 250
December 08, 2017, 12:42:18 PM
So after thinking for a while I have came to conclusion that I prefer offline wallets. Offline wallets are the best option if you want to hold a large amount of bitcoins. The wallet is safe and you have full responsibility for it . There is no chance of facing a cyber attack. All you have to do to keep you btc safe - do not loos 2 things = password and offline wallet itself.  
But if we are looking to online storage there is always a risk of getting hacked, but sometime they are more convenient!
member
Activity: 182
Merit: 10
December 08, 2017, 12:39:24 PM
Offline is better than online wallets for the operation of the online wallet there should be an internet connection
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
December 08, 2017, 12:29:31 PM
Which of the Bitcoin wallets between the Online and Offline works best?
Actually it depends on how comfortable you are. With offline wallet you wont need any internet in order to access your wallet. Which is a lot easier than online wallets. But online wallets, though it requires internet. You can access it any time and in any device you want. That is why I really prefer using online wallets.
Almost the activities of Bitcoin used internet for running. Of course, I'm wanting to explain you know Bitcoin can using without internet, it's through the paper wallet, but the risk of this wallet is higher than other wallets.
newbie
Activity: 3
Merit: 0
December 05, 2017, 11:27:34 PM
Offline wallet of course. With online wallet you can't control your private key so you'll lose all your Bitcoin when the website of online wallet close but with offline wallet you can recover your amount of Bitcoin whenever and everywhere you want as long as you keep your private key safe Cheesy
newbie
Activity: 37
Merit: 0
December 05, 2017, 11:17:50 PM
Personally,i will choose the online wallet because this type of wallet is stored online on encrypted servers and one of the benefits is that you can access it from anywhere in the world provided you are connected to a reliable internet connection. Apart from encryption, the wallet information is protected with a password that you choose.One of the challenges of using an offline bitcoin wallet is that if malware compromises the app, all the data stored in the wallet will be rendered corrupt. This means that you will not be able to recover your keys/bitcoins if they had not being backed up.
sr. member
Activity: 364
Merit: 250
December 05, 2017, 09:34:58 PM
I think the online wallet is better, because in this day and age everyone must always need a network, and online wallet would be easier in use and can be anywhere to open, more online wallet excess update.
hero member
Activity: 1344
Merit: 502
December 05, 2017, 02:19:18 PM
I would prefer a trusted online wallet over a offline wallet for storing bitcoins,
the reason is I heard allot of complain about PC crashes and losing all bitcoin stored on a offline wallet. Roll Eyes
full member
Activity: 532
Merit: 101
December 05, 2017, 01:51:15 PM
i want an offline wallet but how can you use your coins offline ? you should be offline once you want to do a transactions right ? so ofline wlaalet is no use after all, this is the weakness of cryptos , once internet fall htey are no use. hope this will be a problem solve soon
newbie
Activity: 1
Merit: 0
December 05, 2017, 01:47:24 PM
I do prefer on the offline wallet because its a lot safer compare to the online wallet.
sr. member
Activity: 588
Merit: 250
December 05, 2017, 01:45:22 PM
offline wallets or hardware wallets are best ,but only useful when you have lump some amount of bitcoin or money with you, it reduces risk of loss of your bitcoin,while if you have small amount to store  then online wallets are just fine, no issues you are not going to be so much in eyes oh hackers.
full member
Activity: 373
Merit: 100
December 05, 2017, 01:38:54 PM
Which of the Bitcoin wallets between the Online and Offline works best?

To save the long term I prefer the offline wallet because I think it's safer but a little inconvenient to use anywhere. Compared to online wallets that can be used anywhere. But I think the online wallet is pretty safe.
newbie
Activity: 25
Merit: 0
December 05, 2017, 01:36:15 PM
I do prefer on the offline wallet its a lot safer compare to the online wallet.
sr. member
Activity: 602
Merit: 327
Politeness: 1227: - 0 / +1
December 05, 2017, 01:28:53 PM
Which of the Bitcoin wallets between the Online and Offline works best?
Actually it depends on how comfortable you are. With offline wallet you wont need any internet in order to access your wallet. Which is a lot easier than online wallets. But online wallets, though it requires internet. You can access it any time and in any device you want. That is why I really prefer using online wallets.
full member
Activity: 504
Merit: 100
Bitgesell (BGL) Decentralized Cryptocurrency!
December 05, 2017, 01:25:45 PM
What concrete offline wallets could someone recommend to use?
As for me, I prefer online right now.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
December 05, 2017, 01:22:09 PM
In my personal opinion, I feel that offline storage is always safer for users. However, when talking about convenience as well as use for urgent needs, online wallet always has outstanding advantages. Besides, it is very difficult for anyone to compromise your Bitcoin online wallet
member
Activity: 357
Merit: 10
December 05, 2017, 01:21:12 PM
Maybe those two is both good but we know that those two has an disadvantage and also have a good advantage. Like Offline wallets it is good if we think about how to hold money that we do not worry about too much about hackers. Unlike the online wallet that you must and always need to secure to keep safe your earnings or money. But in the end the answer is still on those people who get used to it. Its up to them how much is their capability to use those offline wallets and online wallets
jr. member
Activity: 229
Merit: 2
∞ HYPNOXYS | A Backed Protocol To Decentrali
December 05, 2017, 01:08:57 PM
Offline wallet:
You know where your data is. You are responsible for your own data
Wallet Online
the wallet is stored on a third party server, the company that provides bitcoin storage service. Using a web purse means entrusting bitcoin to another party.

It all depends on your choice.
full member
Activity: 238
Merit: 102
OPEN GAMING PLATFORM
December 05, 2017, 01:05:19 PM
Both of them are good but I suggest you should use Offline wallet cause with offline wallet you can totally control all of your Bitcoin cause you can control the private key of your wallet but with Online wallet you can't do that, if the online wallet website close, you'll lose all your Bitcoin. But with Offline wallet, you must keep your private key and wallet seed carefully, if anyone can steal it, they will be able to access to your wallet and steal all your Bitcoin
hero member
Activity: 658
Merit: 505
December 05, 2017, 01:00:57 PM
I have used both and based on my own experiences I will always rather pick offline wallets. Online could be maybe more convenient to use but offline are much more secure and that is for wallet one of the most important feature. Especialy if you want to keep larger amount of bitcoins, never do that in online wallet. The other thing you have to pay attention is that you have access to your private key. Ans I would always choose more than one wallet, also because of security reasons and split my coins among them. Never keep all eggs in just one basket.
full member
Activity: 350
Merit: 100
December 05, 2017, 12:56:32 PM
Which of the Bitcoin wallets between the Online and Offline works best?
Considering the issue of theft and hacking, I will personally recommend offline wallets especially when your using personal computers(PC).
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