Pages:
Author

Topic: Offline Wallets Vs Online Wallets - page 31. (Read 16653 times)

full member
Activity: 140
Merit: 100
August 04, 2017, 03:10:03 AM
The reason why using an offline wallet and bread wallet
Offline wallet
* To store large amounts of bitcoin
* Bitcoin security is assured
* Safe from the hecker
* Must be careful to keep it, because if it break you lose all your bitcoin

Bread wallet
* To store bitcoin that is not too much
* Bitcoin transactions easier
* Can make transactions anytime and anywhere
* If not careful, our bitcoin can be hacked

I am currently still using online wallet
oom
full member
Activity: 190
Merit: 100
The next step in Financial Markets evolution
August 04, 2017, 03:04:10 AM
Which of the Bitcoin wallets between the Online and Offline works best?
If you have a little amount of bitcoin mobile/online Wallet maybe a better choice you don't need to sync every time you want to access your coin. But if you have big amounts of Bitcoin I think you better use offline or paper wallet for security reasons.
newbie
Activity: 41
Merit: 0
August 04, 2017, 02:54:56 AM
I would suggest paper or offline wallets because of increased security. Online wallets can always be hacked and therefore are less secure. However, phons are very common, and online wallets are convenient as well.
hero member
Activity: 658
Merit: 505
August 04, 2017, 02:46:24 AM
On a time to time daily, weekly or monthly use of your Bitcoin, an online wallet is preferable to offline wallets.

Offline wallets are mainly used by people who are holding lots of Bitcoin and they keep their coins in offline wallets as a safe, cause you own every details needed to access it. Smiley
In short we can say that offline wallets are considered as the most secure wallets while online wallets are not considered as more secure that is why online wallets are not suggested for more bitcoin. We do not often have full control on bitcoin in our online wallets.

Yes, online wallets are convenient and handy but not so much secure as offline, having in mind all possible attacks, malwares etc. I think that the best option is to combine different wallets depending on current needs and to distribute coins in more wallets just to be more secure. But for many people is easier to choose just one although their coins thus could be exposed to biger risk and possible loss.
full member
Activity: 434
Merit: 100
August 04, 2017, 02:41:22 AM
I think it more safe when online bacause if offline i think it is non sense today because internet is our daily need if internet didnt work what happen to us?.
member
Activity: 82
Merit: 10
Started developing blockchain applications in 2014
August 04, 2017, 02:21:59 AM
For my bitcoin I am using offline wallet because it much secure then online wallets. So I prefer you to go with offline wallets.
sr. member
Activity: 734
Merit: 250
July 30, 2017, 06:16:38 PM
On a time to time daily, weekly or monthly use of your Bitcoin, an online wallet is preferable to offline wallets.

Offline wallets are mainly used by people who are holding lots of Bitcoin and they keep their coins in offline wallets as a safe, cause you own every details needed to access it. Smiley
In short we can say that offline wallets are considered as the most secure wallets while online wallets are not considered as more secure that is why online wallets are not suggested for more bitcoin. We do not often have full control on bitcoin in our online wallets.
sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
July 29, 2017, 05:18:22 PM
Which of the Bitcoin wallets between the Online and Offline works best?
Of course offline wallet. Online wallet is suck.Any time they can run with your bitcoin.Thats why offline wallet is the best. I am using electurm wallet,it's friendly and easy to use. If you want to keep your btc safe must use offline wallet. 
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
July 29, 2017, 04:05:38 PM
whats difference in offline and online wallet?

offline wallet means we just write seed on paper, any additional need to be done?

That is a cold storage since it's on paper, outside computer nor online wallet.

Offline wallet means your keys are stored on your desktop wallet. Even you accessed on internet, still you have control of your funds since you hold they keys literally. This may sound confusion but offline wallet doesn't mean you are not connected to internet.
full member
Activity: 361
Merit: 100
July 29, 2017, 03:19:28 PM
Different wallet for different targets. For micro earners online wallet will suit the most and for long cold storage off line will prezent the necessary safity.
So like that and I just understand about it, thank you for sharing your experience  Wink
sr. member
Activity: 1050
Merit: 286
July 29, 2017, 02:07:11 PM
For long term storage, please use offline paper wallet or hardware wallets. Paper wallet must be carefully generated though.

For daily/ frequent use, you can consider one of the mobile wallet- after all you do not bring your computer with you everywhere. Try breadwallet.

I eagree that in online you need a regular security and visits but in a offline wallets you can access it not regularly just secure always your password and address to avoid it from hacking.
legendary
Activity: 938
Merit: 1001
July 29, 2017, 12:24:10 PM
whats difference in offline and online wallet?

offline wallet means we just write seed on paper, any additional need to be done?
sr. member
Activity: 532
Merit: 284
July 29, 2017, 11:32:09 AM
I never keep very much money in online wallets. All it takes is the site to make up a hacker story about why your bitcoins are gone and you are out.
That's not partially true. Since all online wallets have their own security measures. You'll just need to to confirm everything they asked to tighten up your security, having multiple layers of your accessibility as well as its security.

The only reason why it is vulnerable is that, you didn't do what they're asking for you to do. To tighten it up, and the hackers could only cracked because its easy to have access over it, since it doesn't have multiple layers of security.
full member
Activity: 140
Merit: 100
July 29, 2017, 09:40:25 AM
i also prefer online wallet
sr. member
Activity: 322
Merit: 253
July 29, 2017, 09:36:05 AM
Online wallets / hot wallets are usually used for daily transactions, etc. However offline wallet / cold wallet are mainly used to safe keep coins for long term growth. I suggest if you're into investing in Bitcoin, have a multi-sig offline wallet, create 3 or more copy of them and stash them somewhere safe.
hero member
Activity: 1078
Merit: 514
July 29, 2017, 09:27:30 AM
Different wallet for different targets. For micro earners online wallet will suit the most and for long cold storage off line will prezent the necessary safity.
sr. member
Activity: 475
Merit: 250
Presale is live!
July 29, 2017, 09:21:30 AM
I think that offline wallets are so much safer to use than online wallets. You can still use online wallet if you need quick transactions but I prefer offline to hold.
sr. member
Activity: 588
Merit: 251
July 29, 2017, 09:18:36 AM
On a time to time daily, weekly or monthly use of
your Bitcoin, an online wallet is preferable to offline
wallets.
Offline wallets are mainly used by people who are
holding lots of Bitcoin and they keep their coins in
offline wallets as a safe, cause you own every
details needed to access it. Smiley
newbie
Activity: 7
Merit: 0
July 29, 2017, 09:17:02 AM
I never keep very much money in online wallets. All it takes is the site to make up a hacker story about why your bitcoins are gone and you are out.
sr. member
Activity: 588
Merit: 251
July 29, 2017, 09:16:50 AM
On a time to time daily, weekly or monthly use of your Bitcoin, an online wallet is preferable to offline wallets.

Offline wallets are mainly used by people who are holding lots of Bitcoin and they keep their coins in offline wallets as a safe, cause you own every details needed to access it. Smiley
Pages:
Jump to: