Offline Wallets Vs Online Wallets - page 14.

Paycoinzzz

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Quote from: poplolnman on November 20, 2017, 11:30:07 PM

Quote from: ElitistCA on November 20, 2017, 10:14:16 AM

Quote from: Kurokyy on November 19, 2017, 12:27:46 AM

Quote from: RubyM on May 22, 2017, 03:28:23 AM

Which of the Bitcoin wallets between the Online and Offline works best?

It depends on your usage of bitcoin , if you are using your wallet often times for sending or receving transaction, i suggest you to use an online wallet if you only want a temporary storage for your wallet. If you are planning to hold your bitcoin use offline wallet, it is more secured to use against hacker.

Why do I need to use an Online Wallet for my daily using of Bitcoin? I can still using Offline Wallets for daily and there is no problem. Even, the Offline Wallets can guarantee my permission for my Bitcoin. No one has access to using my Bitcoin unless they know my password and private key for the Bitcoin wallet stored in my computer.

online wallet allows you to access your fund anywhere anytime without have to download any software . there's always a pros and cons where online wallet usually hold your private key which makes it's a little bit centralized . always better to use offline wallet but there's no harm to use an online wallet one as long as it's a reputable wallet not a new and strange wallet.

In my opinion, those who use online wallet are against the nature of Bitcoin system and cryptocurrency world.
Unless we need to have exchange to buy/sell our coin, I never want to put my crypto on any online wallet because it means we are using a centralized service.

J_Dubbs

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Quote from: RubyM on May 22, 2017, 03:28:23 AM

Which of the Bitcoin wallets between the Online and Offline works best?

Of course, it is best to keep crypto currency on offline wallets. These wallets do not have constant access to the Internet - so they can not be hacked. It's very safe, but not always profitable.

teamcryptonator

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Quote from: Gens09 on November 21, 2017, 09:41:19 PM

Quote from: RubyM on May 22, 2017, 03:28:23 AM

Which of the Bitcoin wallets between the Online and Offline works best?

It is all work completely fine online and offline wallets are doing both a good job but i guess when you have a offline wallrt obviously it has a more secure security because it is offline no one can hacked your wallet or you are not even vulnerable but in online wallet it is possible to het scam by exchanger or sites.

Although no one can attacks your wallet, but you must to know the risk of offline wallet still exist. You must to guarantee your private key always safe and protect by you. No one has access to your private key, of course, if you print your private key to paper, you also need to keep this paper careful.

Aiga7phoiy

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i invest bitcoin (buy/ sell) with small amounts so that use online wallet which make my work fast

Gens09

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Quote from: RubyM on May 22, 2017, 03:28:23 AM

Which of the Bitcoin wallets between the Online and Offline works best?

It is all work completely fine online and offline wallets are doing both a good job but i guess when you have a offline wallrt obviously it has a more secure security because it is offline no one can hacked your wallet or you are not even vulnerable but in online wallet it is possible to het scam by exchanger or sites.

chicobr

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Quote from: heleng05 on November 21, 2017, 09:31:37 PM

I think when choosing wallets there's no to compare just observe which or what do you like to a wallet, but if you like wallet that can easily use for paying things you might use online wallet and if you want to keep yourself you own bitcoin you should use offline wallet.

Yes, I agree with you. You can use both of them. For me, I usually put a small of coins into online wallet to trade. Which coins I hodl in longterm I will put them in offline wallet.

Tiktik

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Quote from: RubyM on May 22, 2017, 03:28:23 AM

Which of the Bitcoin wallets between the Online and Offline works best?

Much better if you use offline wallet because no one knows about your security but if you use online wallet it is also a good wallet because you can use this when ever you want just you need is internet to use this.

heleng05

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I think when choosing wallets there's no to compare just observe which or what do you like to a wallet, but if you like wallet that can easily use for paying things you might use online wallet and if you want to keep yourself you own bitcoin you should use offline wallet.

denulh

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Borderless for People, Frictionless for Banks

Offline wallet is extremely secure because no internet access, can not be hacked, saving money for many years, online wallet is not as secure as ofline wallet but easy to use and access when we need to make transactions.

Kakawate

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Quote from: RubyM on May 22, 2017, 03:28:23 AM

Which of the Bitcoin wallets between the Online and Offline works best?

I prefer to use offline wallets, because, it is much safer than online wallets, the only thing that I think about in offline wallet is my keys, and nothing more. Just having to secure that keystore is enough for everyone to feel safe, nobody can take it from you, unless you lose it or lose all of your back up file. Nothing less, for me offline wallets are the best.

jonathan163

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for me if you want storage your tokens for long term use offline wallet more secure than online wallet
and i use only online wallet when i in trading or for my extra profit to invest

dillpicklechips

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Quote from: Pakboy on November 21, 2017, 12:56:57 AM

Quote from: RubyM on May 22, 2017, 03:28:23 AM

Which of the Bitcoin wallets between the Online and Offline works best?

If you want to store your bitcoins, I think it is good if you will use online wallets than offline wallets. Because you can easiky deposit your bitcoins and you can also eithdraw your bitcoin by the use of online wallets.

The conveniency and security is two things that people should consider. Security should put in the top priority and offline wallets are far more secure so if you have a large amount of bitcoin then store it there while a fraction of it to be store online for easy spending.

Quote from: poplolnman on November 20, 2017, 11:30:07 PM

Quote from: ElitistCA on November 20, 2017, 10:14:16 AM

Quote from: Kurokyy on November 19, 2017, 12:27:46 AM

Quote from: RubyM on May 22, 2017, 03:28:23 AM

Which of the Bitcoin wallets between the Online and Offline works best?

It depends on your usage of bitcoin , if you are using your wallet often times for sending or receving transaction, i suggest you to use an online wallet if you only want a temporary storage for your wallet. If you are planning to hold your bitcoin use offline wallet, it is more secured to use against hacker.

Why do I need to use an Online Wallet for my daily using of Bitcoin? I can still using Offline Wallets for daily and there is no problem. Even, the Offline Wallets can guarantee my permission for my Bitcoin. No one has access to using my Bitcoin unless they know my password and private key for the Bitcoin wallet stored in my computer.

online wallet allows you to access your fund anywhere anytime without have to download any software . there's always a pros and cons where online wallet usually hold your private key which makes it's a little bit centralized . always better to use offline wallet but there's no harm to use an online wallet one as long as it's a reputable wallet not a new and strange wallet.

Aside from that, there are online wallets which you can perform an easy way to pay your bills, transfer coins from one another to the next with no fees as long as it is an internal transaction, some where you can exchange it to fiat and etc. So basically, online wallets are very convenient and offline wallets are used to secure it far more than online wallets do.

Pakboy

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Quote from: RubyM on May 22, 2017, 03:28:23 AM

Which of the Bitcoin wallets between the Online and Offline works best?

If you want to store your bitcoins, I think it is good if you will use online wallets than offline wallets. Because you can easiky deposit your bitcoins and you can also eithdraw your bitcoin by the use of online wallets.

richlipkin

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There are some online wallets that still let you control your private keys, like blockchain.info. That service claims that your private keys are stored encrypted with your password, so that even they cannot access them. But you still have to trust that this is actually the case. It is not trustless unless you use an offline wallet AND compile it from source yourself (after auditing the source) instead of downloading an executable.

Me? I use Electrum, and keep a few coins on exchanges for when I need cash or want to buy alts.

markleal

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HODL

Quote from: RubyM on May 22, 2017, 03:28:23 AM

Which of the Bitcoin wallets between the Online and Offline works best?

Hi there RubyM! I personally use the online wallet for the purpose of accessing it wherever I go. I am also confident that the security protocols used by the wallet companies are top level. On the other hand, the Offline wallet is much secure it is like you have a money vault in your own house. So even the wallet company is hacked or bankrupt (just what happened to Mt. Gox in 2014) your bitcoins are much secure. But if you are the one that is hacked, it could be pretty hard to gain it back.

Supreemo

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Quote from: poplolnman on November 20, 2017, 11:30:07 PM

Quote from: ElitistCA on November 20, 2017, 10:14:16 AM

Quote from: Kurokyy on November 19, 2017, 12:27:46 AM

Quote from: RubyM on May 22, 2017, 03:28:23 AM

Which of the Bitcoin wallets between the Online and Offline works best?

It depends on your usage of bitcoin , if you are using your wallet often times for sending or receving transaction, i suggest you to use an online wallet if you only want a temporary storage for your wallet. If you are planning to hold your bitcoin use offline wallet, it is more secured to use against hacker.

Why do I need to use an Online Wallet for my daily using of Bitcoin? I can still using Offline Wallets for daily and there is no problem. Even, the Offline Wallets can guarantee my permission for my Bitcoin. No one has access to using my Bitcoin unless they know my password and private key for the Bitcoin wallet stored in my computer.

online wallet allows you to access your fund anywhere anytime without have to download any software . there's always a pros and cons where online wallet usually hold your private key which makes it's a little bit centralized . always better to use offline wallet but there's no harm to use an online wallet one as long as it's a reputable wallet not a new and strange wallet.

,personally offline wallets for me are the best storage for long term if you wont either use your coins or use them for transactions, but if that's the case where you badly need to use your coins then it is not also bad to use online wallets which are trusted and as you've said reputable.

stevanprice

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Quote from: RubyM on May 22, 2017, 03:28:23 AM

Which of the Bitcoin wallets between the Online and Offline works best?

In my opinion, all the wallets are actually good, but there are some advantages and disadvantages, the first for the online wallet itself is actually safe if saves in a long time but the weakness if there is a hacker then most likely will be stolen, while for offline purses offline security is protected from hackers, but also has weaknesses, eg physically damaged, etc.

poplolnman

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Quote from: ElitistCA on November 20, 2017, 10:14:16 AM

Quote from: Kurokyy on November 19, 2017, 12:27:46 AM

Quote from: RubyM on May 22, 2017, 03:28:23 AM

Which of the Bitcoin wallets between the Online and Offline works best?

It depends on your usage of bitcoin , if you are using your wallet often times for sending or receving transaction, i suggest you to use an online wallet if you only want a temporary storage for your wallet. If you are planning to hold your bitcoin use offline wallet, it is more secured to use against hacker.

Why do I need to use an Online Wallet for my daily using of Bitcoin? I can still using Offline Wallets for daily and there is no problem. Even, the Offline Wallets can guarantee my permission for my Bitcoin. No one has access to using my Bitcoin unless they know my password and private key for the Bitcoin wallet stored in my computer.

online wallet allows you to access your fund anywhere anytime without have to download any software . there's always a pros and cons where online wallet usually hold your private key which makes it's a little bit centralized . always better to use offline wallet but there's no harm to use an online wallet one as long as it's a reputable wallet not a new and strange wallet.

putlink

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I think both.

When you need to trade frequently or real time monitoring, and use a small amount of bitcoin,the online wallets is undoubtedly the best choice.
Otherwise, offline wallets.

Nunoluck

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Quote from: RubyM on May 22, 2017, 03:28:23 AM

Which of the Bitcoin wallets between the Online and Offline works best?

I preffer like to use online wallet, the mobile version is my favorite. I don't have many bitcoin so online eallet is enough for me.

Topic: Offline Wallets Vs Online Wallets - page 14. (Read 16662 times)