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Topic: what are the trusted list of bitcoin wallet and site? - page 6. (Read 4616 times)

sr. member
Activity: 420
Merit: 255
I can recommend you coinbase or blockchain wallet.coinbase has no mining fee if you send btc to any wallet address.if you want to create a coinbase wallet then google it or you can use my ref link for sign up.so that i can get some free bits whenever you buy any friction of bitcoin.please pm me for my link.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Thumbs up for Blockchain. I also use Xapo and don't have any security or  other problem issues with it.
hero member
Activity: 882
Merit: 501
its mean that Bitcoin is not safe like Forex for example in Forex company XM.COM if they scam me  there is Supervisory bodies that secure you if any company scam But Bitcoin there is no Supervisory bodies To Secure you

You are confused.

Bitcoin is not a company.  Bitcoin is a money.

Bitcoin is safe like gold.

If you have gold, and you secure it so nobody takes it from you, then you can keep it. It doesn't stop being gold, and it doesn't disappear. It doesn't need a supervisory body, it simply exists.

If you give your gold to a company or person, then you need to trust that the company or person will be competent and trustworthy and will give you back your gold when you ask for it. It can be helpful for a company or service to have a supervisory body. Even with a supervisory body losses can still occur, but if the supervisory body does a good job then it will be less likely.

If you have bitcoin, and you secure it so nobody takes it from you, then you can keep it.  It doesn't stop being bitcoin, and it doesn't disappear. It doesn't need a supervisory body, it simply exists.

If you give your bitcoin to a company or person, then you need to trust that the company or person will be competent and trustworthy and will give you back your bitcoin when you ask for it. It can be helpful for a company or service to have a supervisory body. Even with a supervisory body losses can still occur, but if the supervisory body does a good job then it will be less likely. Unfortunately, most bitcoin companies and services don't have to answer to a supervisory body.  Therefore, it is up to each person to be careful and decide for themselves if they trust a person, company, or service with their bitcoins.  If you don't trust the company, service, or person, then don't give them your bitcoins.


You keep asking "is the bitcoin is really safe" and saying that "Bitcoin is not safe".  I keep telling you that Bitcoin is safe.  What you choose to do with your bitcoin might not be safe.

MtGox was a company.  MtGox lost bitcoins.  Bitcoin was safe and secure. MtGox was not secure.
Bitfinex is a company.  Bitfinex lost bitcoins.  Bitcoin was safe and secure. BitFinex was not secure.
BitFloor was a company.  Bitfloor lost bitcoins.  Bitcoin was safe and secure. Bitfloor was not secure.
BS&T was a ponzi scam. BS&T lost bitcoins.  Bitcoin was safe and secure. BS&T was not secure.
MyBitcoin was a bitcoin wallet. MyBitcoin had design flaws. Bitcoin was safe and secure. MyBitcoin was not secure.
Cryptsy was a company. Cryptsy lost bitcoins.  Bitcoin was safe and secure. Cryptsy was not secure.
Bitcoinica was a company. Bitcoinica lost bitcoins.  Bitcoin was safe and secure. Bitcoinica was not secure.


I guess all has been said and by now we all agree that by statistics blockchain.info will always stand out as the best online wallet there is..... what's not safe and secure is what you do with your bitcoins
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
is the bitcoin is really safe? where i can put my money for example blockchain wallet never scam me? or CEX.IO  is the bitcoin safe 100%? like the bank mean if i deposit in any company money will stay for ever or maybe i the company close any my money gone in this wallet? and where is the trusted list for this company? Kindly answer me about CEX.IO ... BLOCKCHAIN ?? ETC

in my opinion, nothing was safe on internet, and there are no security that can protect you while you on internet. but as far as i know, if we only one that know what is inside on our wallet, then it will be safe, unless you share what you have to other people. don't put all your bitcoin in one market exchanger. split it and your be good, and if you have android, try to install mycelium to keep your bitcoin. many people recommended to use mycellium.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
don't use exchange to store your funds, bitcoin is money remember, so use a cold wallet instead and your funds will be safe forever, just don't lose the password, the only problem with bitcoin is that security is int he hand of its owner, and many don't know how to secure their money i cna agree on this
legendary
Activity: 1218
Merit: 1007
In the past year I have used Electrum, Coinbase and Blockchain. Here's how I think of each of them;

Electrum is great for security and making it incredibly difficult for people to steal your Bitcoin, and thus it is by far one of the best wallets that you can reasonably get and use for your desktop. The blockchain sync doesn't take too long either if I remember correctly.

Coinbase is a great exchange and wallet that is easy to use and has a great display with a ton of features. I personally recommend this wallet for people who want to be involved with Bitcoin and want an easy start to online wallets.

Blockchain is another great wallet-exclusive website with about the same amount of security features as Coinbase, but is less controlled by the owners and more open for people to use. While using a more simple interface with less features, it still does the job well and I would recommend this wallet for anyone who wants an online wallet that doesn't care about what you're doing on it.
legendary
Activity: 1218
Merit: 1006
I have used blockchain.info  and electrum for several months now and i love blockchain.info and also their android wallet is quite easy to deal with. Talking about security i think they have all that needed and i haven't heard much about blockchain wallet got hacked or something. I personally never got any problem with blockchain wallet.

However i agree than no any web wallet is 100% secure so better to keep large amount either in paper wallet or in hardware wallet.
hero member
Activity: 490
Merit: 520
is the bitcoin is really safe? where i can put my money for example blockchain wallet never scam me? or CEX.IO  is the bitcoin safe 100%? like the bank mean if i deposit in any company money will stay for ever or maybe i the company close any my money gone in this wallet? and where is the trusted list for this company? Kindly answer me about CEX.IO ... BLOCKCHAIN ?? ETC
I would personally skip out on Cex.io, but blockchain.info, Coinbase, Xapo, other similar wallets and so are typically quite safe and free from most issues. I used to use Coinbase (and I was pleased with their service) but I opted to change to Blockchain.info because there had been less controversies with them in the past. Xapo offers a Bitcoin debit card too, so if you're interested in that sort of thing then you'd be looking at Xapo as a high choice at least.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
is the bitcoin is really safe? where i can put my money for example blockchain wallet never scam me? or CEX.IO  is the bitcoin safe 100%? like the bank mean if i deposit in any company money will stay for ever or maybe i the company close any my money gone in this wallet? and where is the trusted list for this company? Kindly answer me about CEX.IO ... BLOCKCHAIN ?? ETC
Never putting your money in the online wallets because they can getting a bad things any time, like hack or scam. I can't say you can trust with the 3rd parties because is very risky in this time. my source from learning on another cases is always linked into online wallets
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
is the bitcoin is really safe? where i can put my money for example blockchain wallet never scam me? or CEX.IO  is the bitcoin safe 100%? like the bank mean if i deposit in any company money will stay for ever or maybe i the company close any my money gone in this wallet? and where is the trusted list for this company? Kindly answer me about CEX.IO ... BLOCKCHAIN ?? ETC
Listen to Danny Hamilton he knows what he is talking about. Bitcoin is not a company nor a service. It it much more a new kind of decentralized money.
And it is virtually impossible to hack bitcoin network. But there is nothing like 'trusted' satellite service which will guarantee that in case of their collapse you will receive your bitcoin back.
(I am not sure about Gemini, as they appeal to be completely regulated and probably offer your some kind of bitcoin version of Banking Indemnity Fund)
hero member
Activity: 658
Merit: 500
The best largest and online wallet is https://blockchain.info/, so you can start to use it from your first Bitcoins. Currently BTC transfers can be more than 24 hours, so this is the best choice. Later you can also think about hardware wallet like Trezor.  Wink
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
until now i've used electrum and it's desktop wallet so won't scam you unlike any online wallet,your bitcoin will stay here,and i think it's safe enough for me,but if you really worried,try hardware wallet such as ledger or trezor
legendary
Activity: 3472
Merit: 4801
its mean that Bitcoin is not safe like Forex for example in Forex company XM.COM if they scam me  there is Supervisory bodies that secure you if any company scam But Bitcoin there is no Supervisory bodies To Secure you

You are confused.

Bitcoin is not a company.  Bitcoin is a money.

Bitcoin is safe like gold.

If you have gold, and you secure it so nobody takes it from you, then you can keep it. It doesn't stop being gold, and it doesn't disappear. It doesn't need a supervisory body, it simply exists.

If you give your gold to a company or person, then you need to trust that the company or person will be competent and trustworthy and will give you back your gold when you ask for it. It can be helpful for a company or service to have a supervisory body. Even with a supervisory body losses can still occur, but if the supervisory body does a good job then it will be less likely.

If you have bitcoin, and you secure it so nobody takes it from you, then you can keep it.  It doesn't stop being bitcoin, and it doesn't disappear. It doesn't need a supervisory body, it simply exists.

If you give your bitcoin to a company or person, then you need to trust that the company or person will be competent and trustworthy and will give you back your bitcoin when you ask for it. It can be helpful for a company or service to have a supervisory body. Even with a supervisory body losses can still occur, but if the supervisory body does a good job then it will be less likely. Unfortunately, most bitcoin companies and services don't have to answer to a supervisory body.  Therefore, it is up to each person to be careful and decide for themselves if they trust a person, company, or service with their bitcoins.  If you don't trust the company, service, or person, then don't give them your bitcoins.


You keep asking "is the bitcoin is really safe" and saying that "Bitcoin is not safe".  I keep telling you that Bitcoin is safe.  What you choose to do with your bitcoin might not be safe.

MtGox was a company.  MtGox lost bitcoins.  Bitcoin was safe and secure. MtGox was not secure.
Bitfinex is a company.  Bitfinex lost bitcoins.  Bitcoin was safe and secure. BitFinex was not secure.
BitFloor was a company.  Bitfloor lost bitcoins.  Bitcoin was safe and secure. Bitfloor was not secure.
BS&T was a ponzi scam. BS&T lost bitcoins.  Bitcoin was safe and secure. BS&T was not secure.
MyBitcoin was a bitcoin wallet. MyBitcoin had design flaws. Bitcoin was safe and secure. MyBitcoin was not secure.
Cryptsy was a company. Cryptsy lost bitcoins.  Bitcoin was safe and secure. Cryptsy was not secure.
Bitcoinica was a company. Bitcoinica lost bitcoins.  Bitcoin was safe and secure. Bitcoinica was not secure.

legendary
Activity: 1806
Merit: 1024
If you aren't believing in this kind of service, then I suggest you to use Bitcoin Core. Because you are the only one who can manage your own money there, and you also the only one that has to take the risk of the money.

Correct answer. I don't understand the tendency that people equate the security of third party Bitcoin wallets with that of Bitcoin itself. Anybody that is serious about security will not use third party services to store any significant amount of coins. Best practice is to use paper wallets for long term storage and Bitcoin Core for making transactions. Of course you can use mobile wallets as well (for example Bitcoin Wallet for Android and breadwallet for iOS), but they should be considered less secure because they are not fully validating transaction - not mentioning the added risk to loose your phone... so don't store large amounts in them.

Bitcoin was invented to make money free from the dependencies of third parties. Use it accordingly!

ya.ya.yo!
newbie
Activity: 14
Merit: 0
its mean that Bitcoin is not safe like Forex for example in Forex company XM.COM if they scam me  there is Supervisory bodies that secure you if any company scam But Bitcoin there is no Supervisory bodies To Secure you
 
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
If you aren't believing in this kind of service, then I suggest you to use Bitcoin Core. Because you are the only one who can manage your own money there, and you also the only one that has to take the risk of the money.
Or you can also use any other wallet, I. Paper Wallet, Cold Wallet, or Brain Wallet.
legendary
Activity: 3472
Merit: 4801
is the bitcoin is really safe?

When used as intended, it has caused no deaths or injuries, so yes it does seem to be "safe".

Also, when used carefully and with proper knowledge, it is secure from theft as well.

where i can put my money

Put it wherever you like.  However, if you are going to use a bitcoin wallet, you'll want to consider the risks and benefits of various bitcoin wallets and you'll need to decide for yourself which one best fits your personal abilities and risk tolerance.

for example blockchain wallet never scam me?

That's impossible to predict.

Anybody can scam you if you are gullible and allow them to do so.  Not everybody will, but with any individual or service the possibility exists. Blockchain.info does not have a reputation for scamming people in the past, but it is impossible to say with certainty that it will never happen.

or CEX.IO

Again, it is impossible to say with certainty.

Note that CEX.io is an exchange, not a wallet. They provide an account with their service, but to use that account you have to give them complete control of your bitcoins.

is the bitcoin safe 100%?

That was the first question you asked.  I've already answered it.  I'm not going to answer it again.

like the bank

No. Bitcoin is not like a bank. Depending on the country you live in banks are typically:
  • Regulated by laws that control very strictly what the bank can, cannot, must, and must not do
  • Insured
  • Audited on a regular basis to make sure they are following all necessary rules

Bitcoin, and most services provided by companies that work with bitcoin are not very regulated, not typically insured, and not typically audited.

mean if i deposit in any company money will stay for ever or maybe i the company close any my money gone in this wallet?

If you choose to give your bitcoins to a company that is incompetent, or criminal then the company could lose or steal your bitcoins. It is up to you do decide if you believe that a company is competent and ethical.  Then if you decide to give your bitcoins to them, you will have to accept the consequences if you are wrong.

and where is the trusted list for this company?

There is no official list of trusted companies.  Various individuals or groups might choose to publish their own lists and give their own opinions about the services on their list, but their opinions could be wrong.
newbie
Activity: 14
Merit: 0
what about CEX.IO to make a trade buy/sell kindly is there any trusted list?
sr. member
Activity: 672
Merit: 250
is the bitcoin is really safe? where i can put my money for example blockchain wallet never scam me? or CEX.IO  is the bitcoin safe 100%? like the bank mean if i deposit in any company money will stay for ever or maybe i the company close any my money gone in this wallet? and where is the trusted list for this company? Kindly answer me about CEX.IO ... BLOCKCHAIN ?? ETC

Blockchain is safe for keeping your bitcoins as far as you know how you can make your wallet safe, i mean even your house wont be safe for keeping your money if you dont know how to keep it safe, so it depends on you, in blockchain wallet you should just need to keep your password and private keys safe with you and you will be safe enough.
newbie
Activity: 14
Merit: 0
is the bitcoin is really safe? where i can put my money for example blockchain wallet never scam me? or CEX.IO  is the bitcoin safe 100%? like the bank mean if i deposit in any company money will stay for ever or maybe i the company close any my money gone in this wallet? and where is the trusted list for this company? Kindly answer me about CEX.IO ... BLOCKCHAIN ?? ETC
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