Topic: Online wallet, or computer wallet? (Read 1021 times)
Dont store your wallet in the cloud. Paper is simple to recover and can be double secured (f.e. in a safe). Use more then one wallet (quick payments & long term).
Hello guys, just wondering what the preferred Bitcoin storing method is around here, should I keep them in a online wallet like blockchain.info or keep them on my computer. And should I have it encrypted or put a password on it?
What if you store a copy of your wallet.dat in the cloud? like dropbox, gdrive, livedrive anywhere? Is it safe?
I use Blockchain and I made a backup. In the case that Blockchain blows up I'll restore my coins.
Using blockchain
Brainwallets. Make a copy of http://bitaddress.org. Run it offline.
I run it on a $35 Raspberry Pi that will never ever be connected to the internet again.
I run it on a $35 Raspberry Pi that will never ever be connected to the internet again.
Mix it up. Online wallet for your coinpurse, paper wallet for your bank account.
This. Though I don't quite have enough funds to warrant using a paper wallet just yet, but hopefully one day.
So no one uses the good old Bitcoin QT wallet anymore huh?
I use it, with careful backup. I find it handy to encrypt the backup and store it somewhere like dropbox. That way its safe from prying eyes but also safe from the computer exploding/house burning down.
I'm using Blockchain and Computer 
So no one uses the good old Bitcoin QT wallet anymore huh?
I do, which I also put in encrypted TrueCrypt containers.
So no one uses the good old Bitcoin QT wallet anymore huh?
I am in for online wallet and 2 way authenticator, think its pretty safe that way...
I do not trust services where I could store my wallet in the "cloud" / online / call it whatever you like.
I prefer a simple setup which requires some USB sticks and TrueCrypt.
I prefer a simple setup which requires some USB sticks and TrueCrypt.
I'm a newbie obviously but my rationale was: A PC can suffer from being stolen, fire damage, hdd crash, water damage etc and unless you've backed it up on paper or elsewhere surely you've had it? That's why I'm not keen on the Android-only wallets, what if the phone gets stolen? But I must be missing something or no one would use them.
So I use a web wallet plus paper. Blockchain have backups, cloud-based etc, so it's unlikely to suffer those issues above. But use a different username to here otherwise you could get hacked into, even with two-factor authentication.
So I use a web wallet plus paper. Blockchain have backups, cloud-based etc, so it's unlikely to suffer those issues above. But use a different username to here otherwise you could get hacked into, even with two-factor authentication.
Good choice. "Don't put all your eggs in the one basket. Put cloned eggs in multiple baskets."
I'm a newbie obviously but my rationale was: A PC can suffer from being stolen, fire damage, hdd crash, water damage etc and unless you've backed it up on paper or elsewhere surely you've had it? That's why I'm not keen on the Android-only wallets, what if the phone gets stolen? But I must be missing something or no one would use them.
So I use a web wallet plus paper. Blockchain have backups, cloud-based etc, so it's unlikely to suffer those issues above. But use a different username to here otherwise you could get hacked into, even with two-factor authentication.
So I use a web wallet plus paper. Blockchain have backups, cloud-based etc, so it's unlikely to suffer those issues above. But use a different username to here otherwise you could get hacked into, even with two-factor authentication.
Computer wallet can get lost
Mix it up. Online wallet for your coinpurse, paper wallet for your bank account.
Online wallet
Blockchain allows you to view balance anytime from anywhere, and its quite safe enough for my needs.
Naw man, you never know if blockchain could scam you paper wallet FTW
blockchain never has access to your private keys so they couldn't steal your coins even if they wanted too.
Blockchain allows you to view balance anytime from anywhere, and its quite safe enough for my needs.
Naw man, you never know if blockchain could scam you paper wallet FTW
Hello guys, just wondering what the preferred Bitcoin storing method is around here, should I keep them in a online wallet like blockchain.info or keep them on my computer. And should I have it encrypted or put a password on it?
neither imo. i use paper wallets.
How do you encrypt it?
Not encrypted. I just keep them in my safe.
Jump to: