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Topic: Offline Wallets Vs Online Wallets - page 16. (Read 16653 times)

newbie
Activity: 196
Merit: 0
November 15, 2017, 01:12:54 AM
Which of the Bitcoin wallets between the Online and Offline works best?
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member
Activity: 111
Merit: 10
November 15, 2017, 01:12:23 AM
Since I am mostly involved with trading, I keep an online waller for quick access.
I am looking into a good cold storage method though.
full member
Activity: 316
Merit: 100
November 15, 2017, 01:08:57 AM
I would rather recommend an offline wallet, because the security level is stronger, avoid the hackers and some scam sites.
sr. member
Activity: 331
Merit: 250
Blockchain Just Entered The Real World
November 15, 2017, 12:53:29 AM
I prefer an offline wallet, it is more reliable and secure, it is ideal for long-term investments.
Yes offline wallets are safe, but you should keep your system safe by protecting with antivirus. If any system crash happens then, you will not recover your bitcoins. This is the only disadvantage I think we have it offline wallets or else it is safe. Online wallets are ok for storing a few bitcoins.
What is the best function of Offline Wallets? You have to know Offline Wallets can give you access to keep the private of your Bitcoin wallet. That is the function Online Wallets can not provide for user. As long as you can keep your private safe, you can recover your Bitcoin wallet anytime, anywhere Cool
sr. member
Activity: 630
Merit: 250
November 10, 2017, 09:10:39 AM
I prefer an offline wallet, it is more reliable and secure, it is ideal for long-term investments.
Yes offline wallets are safe, but you should keep your system safe by protecting with antivirus. If any system crash happens then, you will not recover your bitcoins. This is the only disadvantage I think we have it offline wallets or else it is safe. Online wallets are ok for storing a few bitcoins.
member
Activity: 112
Merit: 10
November 10, 2017, 09:01:36 AM
I prefer an offline wallet, it is more reliable and secure, it is ideal for long-term investments.
sr. member
Activity: 331
Merit: 250
Blockchain Just Entered The Real World
November 10, 2017, 07:38:40 AM
Well offline wallets are secure for a long time savings. for example if you want to save your bitcoins for a couple of years, then never use online wallets. But online wallets are better if you want to receive and send payments as a routine.

You do have a point, but there are also online wallets(not totally online) like Electrum which is good to store our bitcoin unlike any other wallet here online. Hardware wallets like Trezor is an example on where you could also store your bitcoin safely in the long run, the only difference between offline and online wallets is their security.
I like to using desktop wallet as Bitcoin Core or Electrum - the best wallet for anyone does not want to sync the blockchain. Hardware wallets can create through desktop wallets, I do not need to spend a lot of money to buy hardware wallets because just a USB drive, I can store my private key Smiley
hero member
Activity: 700
Merit: 500
November 09, 2017, 06:53:39 PM
Well offline wallets are secure for a long time savings. for example if you want to save your bitcoins for a couple of years, then never use online wallets. But online wallets are better if you want to receive and send payments as a routine.

You do have a point, but there are also online wallets(not totally online) like Electrum which is good to store our bitcoin unlike any other wallet here online. Hardware wallets like Trezor is an example on where you could also store your bitcoin safely in the long run, the only difference between offline and online wallets is their security.
full member
Activity: 294
Merit: 101
November 09, 2017, 06:45:37 PM
offline wallet like a bank or your normal wallet? maybe offline wallets like banks are safer because its security is already protected by a country, if my online wallet think would be more risky than the hackers
full member
Activity: 311
Merit: 100
November 09, 2017, 06:20:27 PM
both of them have different advantages if we look at how the online wallet works is very simple, but easy to hit by phishing attack if not careful then offline wallet safe from phishing attacks but has drawbacks i.e. susceptible to Malware virus
full member
Activity: 798
Merit: 182
November 09, 2017, 06:15:14 PM
Which of the Bitcoin wallets between the Online and Offline works best?
Offline wallet is very secure to store big amount of bitcoin, because hackers can not hack wallet if it isn't connect to internet, but in the other side it is not so practical to use in daily need, se the best way is divide your bitcoin, then put a big part in offline wallet and and small part in some online wallet, so you don't have problem with daily transaction.
sr. member
Activity: 1400
Merit: 269
November 09, 2017, 06:12:44 PM
The two works best and has some really promising features to secure your coins but the most convenient for me is online wallet cause i can easily cash out my bitcoins into fiat currency offline wallet is also good but you can't send transactions to someone. In terms of security both are outstanding and it's really up to the user after all the biggest vulnerability is the people itself.
full member
Activity: 140
Merit: 100
November 09, 2017, 06:10:18 PM
I myself have never used an offline wallet. This year's Onlien wallet is pretty safe for me, even "very safe". The most important thing is how we keep "email, password, private keys" that we have from public reach. Because if we are negligent, offline wallet though can be taken by others. If necessary try a paid wallet like Trezor.
sr. member
Activity: 552
Merit: 250
November 09, 2017, 06:01:06 PM
Which of the Bitcoin wallets between the Online and Offline works best?

I should prefer the offline than the online wallet because if you store ur bitcoin online it should a possible to hack or block your account of rhe hacker than offline bitcoin wallet was we called have a security it just because of no one can view or no one can hack your personal computer just like my friend doing that he have a offline bitcoin wallet to secure his coin to the hacker.

newbie
Activity: 2
Merit: 0
November 09, 2017, 05:53:13 PM
I highly reccomend anyone and everyone to switch to offline wallets, especially if you are handling only ERC-20 tokens based on the Ethereum blockchain. the Nano Ledger s supports Bitcoin, Ethereum, litecoin, dash, dogecoin, ripple, zcash, and any ERC-20 token.

If anyone is considering starting a wallet, this is the absolute safest wallet, and can only be hacked if the intruder were to physically have hold of your 26 secret phrases. You can learn about the device and its compatability here:https://ledger.groovehq.com/knowledge_base/topics/which-altcoins-are-supported-by-the-nano-s-and-the-blue
newbie
Activity: 3
Merit: 0
November 09, 2017, 05:29:01 PM
Traditional pocket book is the best storage for big levels of BTC since it is more secured. On the internet pocket book is fine as long as you have your private secrets, however, you still should not shop an entire BTC there. Just put some amount that you think you'll need.
member
Activity: 186
Merit: 13
November 09, 2017, 05:20:27 PM
Well offline wallets are secure for a long time savings. for example if you want to save your bitcoins for a couple of years, then never use online wallets. But online wallets are better if you want to receive and send payments as a routine.
member
Activity: 147
Merit: 10
November 09, 2017, 01:02:42 PM
I recommend on using an offline wallet , It just seems way safer in my opinion.
full member
Activity: 630
Merit: 100
November 09, 2017, 01:01:04 PM
Offline wallets and online Wallets both are merits and demerits. If we use to offline wallet then we have to keep safe your personal computer from any body and save the detail of offline wallet other than to another place. And if you forgot to save the detail and change the operating system then that is your total loss. but your coin is 100% safe in your offline wallet. And if you save your coins on online wallet then there is a fear of hacking or website stopping. Otherwise that is also safe place of security function of that website.
newbie
Activity: 28
Merit: 0
November 09, 2017, 11:36:38 AM
I think offline wallet is much more better than online wallet. We all know that we are driving bye offline wallet. There are no risk to use offline wallet at all.

But in online wallet there have been a risk if your security system is poor. Because can’t say, some hackers ready to sit stole ur money. 😂
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