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Topic: Online or Desktop Wallet? - page 2. (Read 6471 times)

member
Activity: 66
Merit: 10
October 29, 2014, 09:11:19 PM
Desktop wallet. Ive read something that online wallet is not safe as you think it is.
legendary
Activity: 2982
Merit: 1506
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October 29, 2014, 04:05:23 PM
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[size=18pt]GENERAL TERMS[/size][/b]


1.
hero member
Activity: 658
Merit: 500
October 29, 2014, 08:36:13 AM
It depends on the use you are gonna do with your Bitcoins.

If you plan to hold them for a long period of time, the best thing is to download a desktop wallet like Electrum or Greenaddress and put them in a USB device.
If you wanna trade  and use your Bitcoins to buy online or offline maybe is better an online wallet like blockchain.info.
newbie
Activity: 17
Merit: 0
October 29, 2014, 07:29:24 AM
If you are not going to have much and you are going to use it,online wallet is ok
but if you want to keep it and your are going to have good amounts,desktop wallets
full member
Activity: 476
Merit: 100
October 29, 2014, 07:06:26 AM
The both are nice, desktop wallet is in your computer and its seems maybe more safe but its only impression, online wallet in also good.
Its just a question of preferance.
hero member
Activity: 868
Merit: 1000
October 27, 2014, 07:56:35 AM
online wallets can be more anonymous, since you can create them using tor.

it is harder to do that using desktop wallets

It is not that hard.
You can use the argument -onion= for bitcoin core (https://en.bitcoin.it/wiki/Running_Bitcoin) and use the Tor server in https://bitcointalk.org/index.php?topic=113116.40 for Electrum.
full member
Activity: 182
Merit: 123
"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"
October 27, 2014, 07:40:31 AM
I'm new into crypto currency and was wondering which wallet I should use in terms of security.

cold storage, aka a computer that you clean (format, rootkit removal etc), a fresh install, the wallet, encrypt the key, connect to the network, transfer from the source, disconnect. End. But I am a noob too, so there maybe better other ways, but online, you may be goxed:D. And to be goxed ain't cool!
full member
Activity: 182
Merit: 100
October 27, 2014, 07:39:18 AM
Desktops wallets would offer a more secure wallet. Online wallets most of the time depend on a thrid party and is risky. But it is great for small amounts.
full member
Activity: 130
Merit: 100
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October 27, 2014, 07:38:32 AM
online wallets can be more anonymous, since you can create them using tor.

it is harder to do that using desktop wallets
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
October 27, 2014, 07:36:20 AM
@Muhammed Zakir, i know what you mean. How about if you are using VPN as well to encrypt data will it offer more protection? What other steps can I take to improve security for the remote access method?

Yes, it will improve security. But it is just better to avoid it! Roll Eyes

@ARadzi, yeah teamviewer is a good favourite like Muhammed Zakir said but there safety concerns as well.

Wink

   ~~MZ~~
legendary
Activity: 1008
Merit: 1000
October 27, 2014, 05:25:42 AM
i think its better to use an online wallet for example blockchain.info
because its much faster then the desktop wallet

the desktop wallet always needs to sync before it can work

but i think a desktop wallet is much safer then the online wallet!

Not necessarily. There are thin desktop wallets like Electrum that don't require you to download the full blockchain but just the block headers.

Yeah, but most people only trust bitcoin-qt...
hero member
Activity: 868
Merit: 1000
October 27, 2014, 03:20:57 AM
i think its better to use an online wallet for example blockchain.info
because its much faster then the desktop wallet

the desktop wallet always needs to sync before it can work

but i think a desktop wallet is much safer then the online wallet!

Not necessarily. There are thin desktop wallets like Electrum that don't require you to download the full blockchain but just the block headers.
hero member
Activity: 526
Merit: 500
October 26, 2014, 10:30:50 AM
I like online wallet like coinbase or blockchain as I don't have much bitcoins to be afraid of stealing.

Agree, if you have a lot then desktop or cold storage is the way to go...
member
Activity: 66
Merit: 10
October 26, 2014, 10:05:53 AM
I like online wallet like coinbase or blockchain as I don't have much bitcoins to be afraid of stealing.
newbie
Activity: 53
Merit: 0
October 25, 2014, 09:38:28 PM
go with a desktop wallet.  Smiley
sr. member
Activity: 243
Merit: 250
October 25, 2014, 09:22:32 PM
Prefer online wallet but spread out a few online wallet so you won't lose everything...
sr. member
Activity: 266
Merit: 250
October 25, 2014, 08:06:52 PM
Desktop wallet. Mostly because you're at the mercy of the the service provider if you use an online wallet. But you have to be careful about security and make sure to backup so you don't lose your coins.
newbie
Activity: 42
Merit: 0
October 25, 2014, 04:12:44 PM
#99
I personnaly prefer desktop wallet like bitcoin core, you are not dependent of one site, you have your wallet on YOUR computer, I think this is an important advantage !
legendary
Activity: 3794
Merit: 1030
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October 25, 2014, 03:41:32 PM
#98
i think its better to use an online wallet for example blockchain.info
because its much faster then the desktop wallet

the desktop wallet always needs to sync before it can work

but i think a desktop wallet is much safer then the online wallet!
legendary
Activity: 1775
Merit: 1032
Value will be measured in sats
October 25, 2014, 12:39:51 PM
#97
its ok to keep small amounts in online wallets so that you can easily purchase stuff when away from home. But desktop wallet is a lot better. You can also setup remote access of your desktop wallet so you can always access it wherever there is an internet connection. online is too dodgy...even the most secure exchanges/wallets get hacked from time to time.

Ahm, how to set up a remote access of my desktop wallet? shall I use some kind of software for it?

@klintay : What you saidUsing the pc remotely is a bad method. It is like an online wallet but in a different way. When you access remotely, your access are all synced with server especially thing you type and do with your mouse and keyboard. Even tour privat key can be taken easily. I think you understood what I said! Smiley

@ARadzi : You can use softwares such as Teamviewer but I suggest you not to set up your wallet in a way above user told it can be accessed with a remote software. Smiley

   ~~MZ~~

@Muhammed Zakir, i know what you mean. How about if you are using VPN as well to encrypt data will it offer more protection? What other steps can I take to improve security for the remote access method?

@ARadzi, yeah teamviewer is a good favourite like Muhammed Zakir said but there safety concerns as well.
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