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Topic: Recommend a Cold Wallet (Read 1672 times)

hero member
Activity: 662
Merit: 500
January 01, 2015, 10:39:07 AM
#29
Hello every one

HAPPY NEW year to ALL OF YOU

I recomend you coinbase as cold wallet. But I think paper wallet is better than cold wallet
 It is more safer than cold waller.

Thanks

sorry, no serious bitcoiner would call any third party service a cold wallet.

So true. Also the Coinbase vault isn't a real cold wallet because you host your coins by a third-party. A cold wallet is Armory or a paper wallet!

Well, any wallet client that allows you to generate an address in an offline environment can be used as a cold wallet. So, Trezor, Electrum, etc, can all be your cold wallet. It doesn't have to be Armory or a paper wallet.
hero member
Activity: 560
Merit: 500
January 01, 2015, 09:45:46 AM
#28
Hello every one

HAPPY NEW year to ALL OF YOU

I recomend you coinbase as cold wallet. But I think paper wallet is better than cold wallet
 It is more safer than cold waller.

Thanks

sorry, no serious bitcoiner would call any third party service a cold wallet.

So true. Also the Coinbase vault isn't a real cold wallet because you host your coins by a third-party. A cold wallet is Armory or a paper wallet!
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
January 01, 2015, 09:41:30 AM
#27
Hello every one

HAPPY NEW year to ALL OF YOU

I recomend you coinbase as cold wallet. But I think paper wallet is better than cold wallet
 It is more safer than cold waller.

Thanks

sorry, no serious bitcoiner would call any third party service a cold wallet.
hero member
Activity: 662
Merit: 500
January 01, 2015, 05:24:13 AM
#26
Hello every one

HAPPY NEW year to ALL OF YOU

I recomend you coinbase as cold wallet. But I think paper wallet is better than cold wallet
 It is more safer than cold waller.

Thanks

I guess you were talking about the Coinbase vault feature, IMHO you shouldn't consider it a good cold wallet. As the address is generated in an online environment, things could still go wrong if there are malware on the site's server or on your machine.
legendary
Activity: 3234
Merit: 1654
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
January 01, 2015, 05:01:40 AM
#25
Hello every one

HAPPY NEW year to ALL OF YOU

I recomend you coinbase as cold wallet. But I think paper wallet is better than cold wallet
 It is more safer than cold waller.

Thanks
hero member
Activity: 686
Merit: 500
January 01, 2015, 04:43:51 AM
#24
if you want to hold them for a long time then paperwallet is one of the best option
safe and secure also offline

Just be careful in the way paper wallet is created. Create it in an offline computer.

P.S. I found paper wallet offline generator. It seems good. It is from verified/trusted person: https://github.com/cantonbecker/bitcoinpaperwallet - taken from bitaddress.org.

   ~~MZ~~

Yes, thank you for this. Smiley

Going to read up on paper wallets so I won't mess up anything.
hero member
Activity: 490
Merit: 500
December 31, 2014, 04:35:09 AM
#23
Generate paper wallets off bitaddress.org or another resspected service
Paper wallets are the way to go cold
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
December 31, 2014, 04:00:44 AM
#22
if you want to hold them for a long time then paperwallet is one of the best option
safe and secure also offline

Just be careful in the way paper wallet is created. Create it in an offline computer.

P.S. I found paper wallet offline generator. It seems good. It is from verified/trusted person: https://github.com/cantonbecker/bitcoinpaperwallet - taken from bitaddress.org.

   ~~MZ~~
hero member
Activity: 502
Merit: 500
December 31, 2014, 12:05:09 AM
#21
if you want to hold them for a long time then paperwallet is one of the best option
safe and secure also offline
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
December 30, 2014, 03:13:51 PM
#20
Electrum.  Very easy and secure.
hero member
Activity: 935
Merit: 1002
December 30, 2014, 03:11:36 PM
#19
Your best bet is a paper wallet if you really want to hold it cold and you won't touch it for a while.If you want to store big amounts of BTC and you want to use it very often than choose a hardware wallet.But in general if you want to use small amounts of coin create a hot wallet and transfer a small amount of BTC there and leave paper wallet as your cold storage you will save 100$.But if you really want it you can buy TREZOR.
hero member
Activity: 1372
Merit: 783
better everyday ♥
December 30, 2014, 02:43:04 PM
#18
The following are all valid cold wallet options:

1)Trezor
https://www.bitcointrezor.com/


2)Ledger
https://www.ledgerwallet.com/


3)Paper
https://bitcoinpaperwallet.com/


Paper wallet, if you'd like to create an offline/cold wallet for free.
legendary
Activity: 1120
Merit: 1000
December 30, 2014, 08:36:53 AM
#17
you should use a paperwallet created offline in a safe computer

you can also use trezor as a cold wallet, but it is more expensive that a paper wallet
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
December 30, 2014, 05:51:01 AM
#16
Bitaddress.org

Print off a few and use Bip38 encryption and give them to trusted family and friends to hold.


If you are doing that, why don't you print Multisig address or Bitaddress' special Split-Key-address? That is better in  terms of security.

   ~~MZ~~
member
Activity: 70
Merit: 10
BtcMarkets - Australian Bitcoin Trading Platform
December 30, 2014, 05:41:09 AM
#15
Bitaddress.org

Print off a few and use Bip38 encryption and give them to trusted family and friends to hold.

hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
December 30, 2014, 05:39:11 AM
#14
Use blockchain's cold storage feature and print out the paper wallet.

It works wonders especially if you securely make it.

+1. Better to create a paper wallet offline and then import the public key. You can also use BTChip/Ledger or Trezor.

   ~~MZ~~
full member
Activity: 140
Merit: 100
December 30, 2014, 05:22:00 AM
#13
Use blockchain's cold storage feature and print out the paper wallet.

It works wonders especially if you securely make it.

Thanks this is a great idea
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
December 30, 2014, 04:43:18 AM
#12
As I'm new here I don't think much about btc but I think coinbase wallet is good. They are legit


Personally I'd prefer hardware wallets rather than web-based.

Coinbase was my first wallet. But after hearing about how web-based wallets and exchanges can have issues like Mt. Gox, I switched to qt.

Coinbase also has problems with gambling sites because they're based in the US where gambling is illegal.

Web-based is easier to access, since it automatically updates for you, whereas desktop has to update every time you open one up. When something's easier to access, however, there are oftentimes more security issues. I wouldn't personally know about web-based wallets. I just prefer to have a desktop-based one/mobile one because I'm relatively paranoid about my safety on my personal computer and phone.

That being said, I agree with those that are promoting Armory. It's the most secure. When you open it in the future for access, it'll take days to update tho lol
legendary
Activity: 1106
Merit: 1000
December 30, 2014, 04:30:45 AM
#11
Armory is the best, if you occasionally need to transfer some BTCs.
Otherwise use paper wllaet, its as safe as can possibly be. Remember to delete the copy of that from your PC after printing it out. Keeping an electronic copy defeats the purpose.
legendary
Activity: 3248
Merit: 1070
December 30, 2014, 04:24:31 AM
#10
i just use usb stick, a pretty safe hotwallet could be a rig dedicated to sync bitcoin only, only bitcoin nothing else, no browse no installing anything inside it and use it with a diffferent nic, different provider than your host

no hacker can attack it
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