The safest wallet? - page 6. | Bitcointalksearch.org

cpfreeplz

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Quote from: bitcoin31 on November 18, 2016, 04:48:00 AM

For me the safiest wallet is coin base because coinbase have vault and have also password. If the hacker open my coinbase didn't opebn my bitcoin vault. Coinbase have also 2fa you can notify when someone trying open my / your account.

Omg I can't believe these people still use web wallets. Just stop. Your funds will be stolen it's just a matter of when. Why bother risking it? They really aren't any more convenient than other wallets.

puddlejumperzz

newbie

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seems like Trezor is the most popular hardware wallet. $100 bucks. I gues its worth it if you are storing a significant amount of bitcoins. $120 on amazon with free shipping.

wazzap

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Quote from: bitcoin31 on November 18, 2016, 04:48:00 AM

For me the safiest wallet is coin base because coinbase have vault and have also password. If the hacker open my coinbase didn't opebn my bitcoin vault. Coinbase have also 2fa you can notify when someone trying open my / your account.

All online wallet have vault and password i think? Cheesy

even your account has 2fa there's still no guarantee that your account is safety since a lot hacker now has unique methods to hack anything they want.

bitcoin31

hero member

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For me the safiest wallet is coin base because coinbase have vault and have also password. If the hacker open my coinbase didn't opebn my bitcoin vault. Coinbase have also 2fa you can notify when someone trying open my / your account.

Wind_FURY

legendary

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Quote from: wazzap on November 17, 2016, 08:39:25 AM

Quote from: Omega Weapon on November 17, 2016, 12:18:09 AM

Quote from: PHPSELLER on November 08, 2016, 05:21:01 PM

Xapo is a web-based wallet system, so alls you need to access it is a web browser and Internet connection. Xapo is known for having reasonably advanced privacy and security features, especially for a web-based wallet. The company supports payments through a debit card system, making it easy to spend your Bitcoins. The app is also friendly for newbies, so if you’re new to Bitcoin, give Xapo a close look.

It does not matter how advance your defense system is there are always ways to get around it, there are hacks to exchanges every once in a while, so an online wallet cannot be considered to be very safe.

If you have many amounts of bitcoin I suggest to buy hardware wallet like TREZOR or KeepKey if you want to secure and safe your bitcoin.

Or you can make one yourself. Well not really but Tails Linux installed in a USB with persistence is also almost as safe as a hardware wallet and a lot cheaper. Another good thing about it is all of your transactions thru Tails are anonymous because all the traffic are relayed thru Tor, not just the web browsing but everything.

wazzap

sr. member

Activity: 434

Merit: 250

Quote from: Omega Weapon on November 17, 2016, 12:18:09 AM

Quote from: PHPSELLER on November 08, 2016, 05:21:01 PM

Xapo is a web-based wallet system, so alls you need to access it is a web browser and Internet connection. Xapo is known for having reasonably advanced privacy and security features, especially for a web-based wallet. The company supports payments through a debit card system, making it easy to spend your Bitcoins. The app is also friendly for newbies, so if you’re new to Bitcoin, give Xapo a close look.

It does not matter how advance your defense system is there are always ways to get around it, there are hacks to exchanges every once in a while, so an online wallet cannot be considered to be very safe.

If you have many amounts of bitcoin I suggest to buy hardware wallet like TREZOR or KeepKey if you want to secure and safe your bitcoin.

Omega Weapon

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Quote from: PHPSELLER on November 08, 2016, 05:21:01 PM

Xapo is a web-based wallet system, so alls you need to access it is a web browser and Internet connection. Xapo is known for having reasonably advanced privacy and security features, especially for a web-based wallet. The company supports payments through a debit card system, making it easy to spend your Bitcoins. The app is also friendly for newbies, so if you’re new to Bitcoin, give Xapo a close look.

It does not matter how advance your defense system is there are always ways to get around it, there are hacks to exchanges every once in a while, so an online wallet cannot be considered to be very safe.

iram3130

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Quote from: newbieXX on November 15, 2016, 06:46:38 PM

Most members on this forum are hitting faucets and earning dust. Grin

For that Xapo or Coinbase is all you need.

People need more than that. You may not know but there are some serious millionaires here and will be searching for the most secure place to store their money.

chesatochi

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Quote from: wazzap on November 15, 2016, 11:02:03 AM

Just try bitcoin core or electrum if you don't want online wallet and also I suggest to you that buy hardware wallet that can surely secure your bitcoin.

Pi Wallet - cold storage.
TREZOR The Bitcoin Safe.
Ledger HW.1 - USB Smartcard Hardware Wallet.
Ledger Nano - USB Smartcard Hardware Wallet.
Ledger Unplugged - NFC Smartcard Hardware Wallet.
BWALLET TREZOR clone.
KeepKey: Your Private Bitcoin Vault.

https://en.bitcoin.it/wiki/Hardware_wallet

I plan to buy the Trezor when I reach a good amount of Bitcoin. For now I am using the Mycelium application on my cell phone and I import the private key with the 12 words.

Put the 12 words in a safe place, in case I lost my phone or the phone will crash.

royalfestus

hero member

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The private keys is meant to be kept private. What if the private key was let out into public, are there no wallet that give one opportunity to generate another key using a secure measure? keeping a private key for long time might not be that easy, most especially when people are getting to know the value of wallet and private keys. cases of hacking into one system or mail account might expose some private materials.

newbieXX

newbie

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Most members on this forum are hitting faucets and earning dust. Grin

For that Xapo or Coinbase is all you need.

mrkevio

full member

Activity: 210

Merit: 100

The safest wallet you can have is the cold one. It's offline, works one time only so you don't have to worry about it being hacked after that, it's paper that can be easily laminated (you can do that even at home like me with scotch) and is the safest one. There's no such possibility like a browser based wallet going offline and your funds disappearing. I recommend you to use Linux Live CD to create such cold wallets.

Lucius

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Quote from: mindrust on November 15, 2016, 11:10:27 AM

Quote from: moriskarlov on November 08, 2016, 09:52:41 AM

I think the best solution will be offline usb wallet

I read in this forum that usb sticks can get unusable if you don't use them for a long time. Even if it is bullshit, the risk is still there.

To me, the most safest choice is,

Memorizing the wallet and the private key numbers.

The second safest choice is, writing them on a paper. Simple as that.

You can always lose your phone, your wallet, your usb stick, your paper. If you lose your mind, it doesn't matter anyway. Cheesy

If we want to secure our coins then we need to use several options and use our brain of course.Store coins in desktop wallet or hardware wallet,backup private key in a way that you write them on paper or store in usb stick or CD/DVD.It is important that we have several copies in different places,one backup is never a safe way to secure coins.

I read here on forum that one user ask for help because he can not read what is written on paper, the ink is a bit faded so now he need to guess numbers and letters to get coins.So if you use paper wallet check regularly the condition of your ink

mindrust

legendary

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Quote from: moriskarlov on November 08, 2016, 09:52:41 AM

I think the best solution will be offline usb wallet

I read in this forum that usb sticks can get unusable if you don't use them for a long time. Even if it is bullshit, the risk is still there.

To me, the most safest choice is,

Memorizing the wallet and the private key numbers.

The second safest choice is, writing them on a paper. Simple as that.

You can always lose your phone, your wallet, your usb stick, your paper. If you lose your mind, it doesn't matter anyway. Cheesy

wazzap

sr. member

Activity: 434

Merit: 250

Just try bitcoin core or electrum if you don't want online wallet and also I suggest to you that buy hardware wallet that can surely secure your bitcoin.

Pi Wallet - cold storage.
TREZOR The Bitcoin Safe.
Ledger HW.1 - USB Smartcard Hardware Wallet.
Ledger Nano - USB Smartcard Hardware Wallet.
Ledger Unplugged - NFC Smartcard Hardware Wallet.
BWALLET TREZOR clone.
KeepKey: Your Private Bitcoin Vault.

https://en.bitcoin.it/wiki/Hardware_wallet

Skarner21

hero member

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Quote from: seven2smoke on November 08, 2016, 04:50:51 PM

I think xapo, is one of safest wallet of bitcoin, because that have many security ways to login.
4 digit number, password, login with phone number ... etc

It's hard to hack accounts.

It is not a good idea because i already experience problem about 4 digit and the receiving the code when loging in.. honestly until now i can not log in there because of their security and i contact their support but never receive any email to them so i ignore because i have only few sat there..and use it before when i was xapo faucet collector..

For me it is good and safe wallet is bitcoin-qt or electrum for lite version that you can backup your wallet.dat and private key that you can install to other wallet once electrum will crash or hack.

dmatthewstewart

sr. member

Activity: 439

Merit: 250

Quote from: ranochigo on August 25, 2016, 02:18:57 AM

Quote from: Brybtc on August 24, 2016, 11:33:47 PM

Quote from: fikihafana on August 24, 2016, 06:55:25 PM

For me i used blockchain.info to store my coin

What if they get hacked? I heard they are limiting TOR access now, is that true?

They do store encrypted backups on their server. However, as with all encryption methods, it is possible for hackers to compromise the files with weaker passwords. The time taken would depend on the encryption method.

Blockchain.info does not limit tor connections unless specified by the user. They even have their own onion link.

You can always make copies of it and store it at different geographical locations.

That being said, if used properly, Electrum would be more userfriendly since the transaction can be signed on the offline computer with a GUI, broadcast using an online computer.

Im wondering if Blockchain.info is still the best online alternative. I signed into my wallet after not using it for a long time and Im not crazy about the changes they made. It seems to be made intentionally arduous to do simple things. Even starting the backup recovery process is a sham. The system generates a message to say my main BTC address is a "non Blockchain" address and I need to transfer it to one of their new addresses. First of all, its not a "non Blockchain.info" address. And secondly, they want to charge about $2 USD to move BTC from one address to another inside their own network. Thats beyond ridiculous.

So I am looking for another alternative. I lost coins when Cryptsy collapsed (not much, maybe $70 USD total across all Alt Coins). My question is has anyone migrated away from Blockchain.info and if so, what did you start ti use in its place. If anyone can answer that I think the thread can continue to be helpful. Paper wallets are always a great option too and Im glad it was one of the first responses. My paper wallets are really a "last resort" stashed coins. But thats just my personal preference.

-DMS

White Christmas

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Quote from: Brybtc on August 24, 2016, 01:31:44 PM

So I mostly use paper wallets for storage which is a risk since if I lose the paper then thats it, game over. I been looking for alternatives and a friend told me he simply runs electrum portable from a USB flashdrive only when he needs to send money, then unplugs it meaning that the wallet and the .dat are both offline

Now while is a bit easier to use than a paper wallet the biggest advantage IMHO is that he got a seed so even if he loses the flashdrive he can get his wallet back.

Should I switch to that method? what are the possible vulnerabilities of it?

And before someone mentions "hardware wallet" I live in a country with some heavy import restrictions (on top of fiscal ones) so I rather not order something that could get me questioned by custom officials.

The safest wallet is blockchain and local coin wallet. To make sure the maximum security, maximize your password strength. Do not spread your account's, identity but keep it by yourself, that is the best thing to do.

adaseb

legendary

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Anyone know a link to a guide I can follow to do some basic Cold Storage using Live CD Ubuntu with the printer? Basically copying the Bitaddress website and verifying that its the real website and not a copy

Mark02

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Quote from: moriskarlov on November 08, 2016, 09:52:41 AM

I think the best solution will be offline usb wallet

Yes it may be safe. But, the thing is, what if the USB Wallet was damaged and the computer doesn't recognize it anymore? How are you going to get your bitcoin? Online storage may not be that safe but I mainly used that because I don't know how to store my Bitcoins offline or using devices. Can someone help me do that? Thank you in advance.

Topic: The safest wallet? - page 6. (Read 31198 times)