Topic: What Bitcoin wallets are best to use? - page 13. (Read 15928 times)
This has got to be the biggest Blockchain shill cess pool I have ever seen on this forum - someone note these account names please. OP That wallet is literally one of the most hacked options out there, consider bread wallet if you want free and hold a small amount of BTC - Trezor for HD wallet more secure offline.
As long as you are using the wallet most suggested by noobs which is blockchain.info is you are relying on a third party to hold your bitcoins and you are not in charge of your bitcoins really. Even this new wallet of them is HD and has a lot of security features you still are relying on third party to hold and to make bitcoin transactions for you. This is highly inconvenient because their website can go offline anytime, can be attacked via DDOS making you lose some money as you maybe wanting to spend some of your coins for a very nice offer in that very same moment the site is down.
Perfect for everyday usage and for storing coins is Electrum, if you install it in a clean PC (Linux OS recommended for higher security) the private keys are stored in your PC and only you are responsible if something bad happens (you let your guard down when taking care of your PC security).
So far I have not heard a single story of Electrum being hacked even from the Windows environment.
If you will leave your coins in your wallet sitting for years then absolutely your best bet is a hardware wallet like Trezor or Ledger Nano, both malware proofs so your coins are safe there.
Perfect for everyday usage and for storing coins is Electrum, if you install it in a clean PC (Linux OS recommended for higher security) the private keys are stored in your PC and only you are responsible if something bad happens (you let your guard down when taking care of your PC security).
So far I have not heard a single story of Electrum being hacked even from the Windows environment.
If you will leave your coins in your wallet sitting for years then absolutely your best bet is a hardware wallet like Trezor or Ledger Nano, both malware proofs so your coins are safe there.
I guess I'll be the first one to issue the usual warning to stay off online wallets.
Controlling your private keys is the most important part of a wallet's security.
Simple wallets like Electrum or Mycelium for mobile are my two favorites.
Controlling your private keys is the most important part of a wallet's security.
Simple wallets like Electrum or Mycelium for mobile are my two favorites.
Mycelium is excellent, it was because of OpenBazaar i downloaded Mycelium to my Android phone, really love this app.
Also you have to think about how much, i would not keep more than a few Bitcoins on my phone, i keep most in cold storage.
EG: download Bitcoin desktop wallet, then move that to a usb, making several back ups, then removing it from my computer.
Well it depends on the amount you are going to hold. If you have a small amount coinbase or blockchain wallet will do fine. If you are going to hold a large amount then a hardware wallet would be much better. There are alot of hardware wallets just choose the one that is right for you.
Yes. I definitely agree to that. It all depends on the amount of bitcoin you are keeping. For beginners, I would suggest those online wallets like coinbase or blockchain wallet but if you are earning or keeping large amount of bitcoin, then you should opt for hardware and/or offline wallets. Thanks for the additional information.
I'm currently using blockchain.info web wallet because i feel more comfortable and secured than using coins.ph because in coins.ph a lot of users are complaining about it especially those gamblers because they account got deactivated. So even i'm not doing some gamble i transfered my coins to blockchain because it's the best and most popular wallet .
. I personally use blockchain wallet and block.io wallet....block.io wallet is i think perfect for newbies because its really easy to use and good for small amounts of bitcoins...and its also include dogecoin and litecoin wallet
i also use block chain wallet i think it is a best wallet a reliable and trust able. it never creating problems. can connect very easily. the most important reason is that it is a so much safe from hacking. that is why i prefer for block chain.
I personally use blockchain wallet and block.io wallet....block.io wallet is i think perfect for newbies because its really easy to use and good for small amounts of bitcoins...and its also include dogecoin and litecoin wallet
i also use block chain wallet i think it is a best wallet a reliable and trust able. it never creating problems. can connect very easily. the most important reason is that it is a so much safe from hacking. that is why i prefer for block chain.
Hey, this brings back some memories when I started out with Bitcoin..... We did not have a lot to choose from, but it was still a daunting decision to make. Now it's much worst with all the options out
there, so I can see why sites like this will help newbies to choose. If we had Trezor back then, I think I would have gone for that from the start, but you know how they say you have to kiss a lot of frogs
before you find the prince.
Thanks for this info OP. 
there, so I can see why sites like this will help newbies to choose. If we had Trezor back then, I think I would have gone for that from the start, but you know how they say you have to kiss a lot of frogs
before you find the prince.
Thanks for this info OP. 
I personally use blockchain wallet and block.io wallet....block.io wallet is i think perfect for newbies because its really easy to use and good for small amounts of bitcoins...and its also include dogecoin and litecoin wallet
For a beginner Electrum.
Well it depends on the amount you are going to hold. If you have a small amount coinbase or blockchain wallet will do fine. If you are going to hold a large amount then a hardware wallet would be much better. There are alot of hardware wallets just choose the one that is right for you.
Blockchain wallet is the best of all in my view depending upon the access, transaction fee and other security features.
i will always suggest you to use yobit wallet. the most trust able and reliable wallet. having no problem in transferring the bitcoin. and producing no issue during the transaction.
Blockchain wallet is the best and most trusted. It is really easy and simple to use, at the same time it is safe and secured as well. I would recommend blockchain wallets only as I am using the same from last 2 years and the experience is good.
it depends on what you want to use it for. among web wallets blockchain.info is best for those who have a basic knowledge about bitcoin and want to have access to their private keys but for an absolute beginner who wants to buy bitcoin too i think coinbase is a much better choice. and both of these are only good to be used ans a hot wallet and with small amounts not for storing bitcoin, for that you should use cold storage.
Multibit gets my vote Personally, I don't store any digital currency (bitcoin or otherwise) online unless I am
getting ready to trade.
Personally, I don't store any digital currency (bitcoin or otherwise) online unless I amgetting ready to trade.
ever since multibit developers thought it is a good idea to ask for an additional fee from users who use their wallet, they lost my vote. and it doesn't matter now that they changed things back, the damage is done.
Multibit gets my vote Personally, I don't store any digital currency (bitcoin or otherwise) online unless I am
getting ready to trade.
Personally, I don't store any digital currency (bitcoin or otherwise) online unless I amgetting ready to trade.
Happy to see some replies and recommendations. I will add a poll very soon to help.
Also, if anyone has a request or has his own wallet to be reviewed on my blog then please contact me in PM. I will be more than happy to review and link to it. Lets help each other out.
Also, if anyone has a request or has his own wallet to be reviewed on my blog then please contact me in PM. I will be more than happy to review and link to it. Lets help each other out.
hi, hello , I used two wallets block chain wallet and coinbase.com , it easy and best to use.
for I prefared coinbase.com wallet, I know it is safe and best to use,i use it for almost 1yr..hopefully I don't encountered problem to this bitcoin wallet.
I guess I'll be the first one to issue the usual warning to stay off online wallets.
Controlling your private keys is the most important part of a wallet's security.
Simple wallets like Electrum or Mycelium for mobile are my two favorites.
Controlling your private keys is the most important part of a wallet's security.
Simple wallets like Electrum or Mycelium for mobile are my two favorites.
I agree with cold storage as well. We can never be too sure where our bitcoins will just in case an error comes up on online wallets. Usually the trend is most newbies are using online wallets for fast and ease of use..but those who are a bit advanced or who are using bitcoins in business and such use a cold wallet.
I guess I'll be the first one to issue the usual warning to stay off online wallets.
Controlling your private keys is the most important part of a wallet's security.
Simple wallets like Electrum or Mycelium for mobile are my two favorites.
Controlling your private keys is the most important part of a wallet's security.
Simple wallets like Electrum or Mycelium for mobile are my two favorites.
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