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Topic: What Bitcoin wallets are best to use? - page 2. (Read 15928 times)

newbie
Activity: 27
Merit: 0
September 25, 2016, 12:43:10 PM
I am using blockchain wallet,  I think it's simple & easy to beginner
hero member
Activity: 560
Merit: 500
September 25, 2016, 11:54:52 AM
I Prefer Coinbase as it is transaction fee free.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
September 25, 2016, 11:40:02 AM
Plus, online wallets, especially those on exchanges have minimum transfer amounts that you may drop below if you are actively trading and lose a little.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
September 25, 2016, 11:35:05 AM
I also have a few online wallets on exchanges.  Some of the coins that I trade are on very few exchanges and there are other coins that are on a different small set of exchanges.
legendary
Activity: 1274
Merit: 1000
September 25, 2016, 01:07:30 AM
the obvious thing is that using online wallets is not safe. From desktop wallets i prefere Multibit.. just because i use him from years without problems, but as i know it will be better to use Electrum.
Exactly, i prefer to use offline wallet than online wallet, but it's ok for storing spendable amount in online wallet due to it's simplicity.

I saw a lot people recommending blockchain.info, coinbase, and localbitcoin wallet, I suggest to all newbie to try Bitcoin Core or Election to experience what is difference between offline and online wallet.
Yes because blockchain.info is one of the most oldest and safest bitcoin wallet nowadays and  it will more secured now that you can sign a message to provide your identity of the address here in bitcointalk.org i love using it is easy to use and it is not hard to use anyway Smiley
not the safest, what if the site is offline??
if you want to storing high amount of your bitcoin i don't recommend to storing it on online wallet, desktop or hardwallet is  more safe than online wallet.
Yeah online wallet isn't the best decisions when having a lot of BTC-you'd better go for a paper wallet which is one of the best wallets eithe way
hero member
Activity: 742
Merit: 500
September 25, 2016, 12:49:31 AM
the obvious thing is that using online wallets is not safe. From desktop wallets i prefere Multibit.. just because i use him from years without problems, but as i know it will be better to use Electrum.
Exactly, i prefer to use offline wallet than online wallet, but it's ok for storing spendable amount in online wallet due to it's simplicity.

I saw a lot people recommending blockchain.info, coinbase, and localbitcoin wallet, I suggest to all newbie to try Bitcoin Core or Election to experience what is difference between offline and online wallet.
Yes because blockchain.info is one of the most oldest and safest bitcoin wallet nowadays and  it will more secured now that you can sign a message to provide your identity of the address here in bitcointalk.org i love using it is easy to use and it is not hard to use anyway Smiley
not the safest, what if the site is offline??
if you want to storing high amount of your bitcoin i don't recommend to storing it on online wallet, desktop or hardwallet is  more safe than online wallet.
hero member
Activity: 2002
Merit: 516
September 25, 2016, 12:26:47 AM
the obvious thing is that using online wallets is not safe. From desktop wallets i prefere Multibit.. just because i use him from years without problems, but as i know it will be better to use Electrum.
sr. member
Activity: 420
Merit: 250
September 25, 2016, 12:14:48 AM
I choose blockchain bitcoin online wallet for the best one, because i never heard a problem about blockchain from other people and i think blockchain is the oldest online bitcoin wallet ? CMIIW.
newbie
Activity: 3
Merit: 0
September 24, 2016, 06:24:38 PM
I'm very new to Bitcoin of course I'd heard of it but never before thought to use them.
Now though I'd like to pay  for 2 or 3 things I purchase monthly online with Bitcoin so started searching
for info. When I started a couple of days ago Green Address and Mycelium were names that popped up
frequently but to my surprise Mycelium has only been mentioned a few times and Green Address was mentioned
once in the whole 12 pages and that was on page 10.
These were the two I was thinking of using until I read this thread, I'm not going to be storing coins in a wallet
like I said it's purely to pay for online purchases 3 times a month so thought one of these wallets would be fine.
I did install Armory and the Bitcoin base but they took up 169g of my hardrive and I thought that was over kill
for want I'm going to use a wallet for so I uninstalled and I will settle for a wallet on my phone
but now I'm back to square one in choices  Undecided
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
September 24, 2016, 01:14:41 PM
I chose Electrum and it needs a password each time in the version that I picked, but that is nothing compared to some of the others that require that 12 words passphrase or even the pvt key. 
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
September 24, 2016, 09:54:53 AM
~~
For me blockchain is one of the best wallet online for me and next is coinbase where you can use credit card or bank statement to buy bitcoin via there website and you can now load at blockchain the best right.

coinbase is a good place to purchase bitcoin not to hold bitcoin in other words it is terrible as a bitcoin wallet because it is making things centralized and you have zero control over your private keys and as a result your money.

It is true, if you want to hold your bitcoin for long term then you can go with hardware or software wallet like, desktop wallet, electrum, where you have full control over your wallet with private keys, online wallet is good for doing trading but not for holding bitcoins for long term, but i am using coinbase and i used it for trading purpose only.

Keep in mind that there is a fee every time that you move your BTC from one wallet address to another. 
legendary
Activity: 1302
Merit: 1027
September 24, 2016, 09:23:50 AM
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For me blockchain is one of the best wallet online for me and next is coinbase where you can use credit card or bank statement to buy bitcoin via there website and you can now load at blockchain the best right.

coinbase is a good place to purchase bitcoin not to hold bitcoin in other words it is terrible as a bitcoin wallet because it is making things centralized and you have zero control over your private keys and as a result your money.

It is true, if you want to hold your bitcoin for long term then you can go with hardware or software wallet like, desktop wallet, electrum, where you have full control over your wallet with private keys, online wallet is good for doing trading but not for holding bitcoins for long term, but i am using coinbase and i used it for trading purpose only.
hero member
Activity: 966
Merit: 506
September 24, 2016, 08:42:59 AM
~~
For me blockchain is one of the best wallet online for me and next is coinbase where you can use credit card or bank statement to buy bitcoin via there website and you can now load at blockchain the best right.

coinbase is a good place to purchase bitcoin not to hold bitcoin in other words it is terrible as a bitcoin wallet because it is making things centralized and you have zero control over your private keys and as a result your money.

There are many things to think about when choosing a wallet. There are online wallets, mobile wallets, software wallets and a few others.  I prefer a software wallet for the house
legendary
Activity: 3472
Merit: 10611
September 23, 2016, 11:53:11 PM
~~
For me blockchain is one of the best wallet online for me and next is coinbase where you can use credit card or bank statement to buy bitcoin via there website and you can now load at blockchain the best right.

coinbase is a good place to purchase bitcoin not to hold bitcoin in other words it is terrible as a bitcoin wallet because it is making things centralized and you have zero control over your private keys and as a result your money.
DrG
legendary
Activity: 2086
Merit: 1035
September 23, 2016, 11:18:30 PM
Before you decide which wallet to use you need to know what you are doing with your wallet.  If you goal is to amass crypto and hold it long term then a heavy/secure wallet might be more suitable since it will be accessed rarely.  If your goal is to use it frequently for day to day online purchases then a lightweight wallet might be more reasonable - sacrificing some security for convenience (since time is money for most).

For security I recommend using a paper wallet - one where you can print out the keys and save them offline.  Personally I use an Armory offline X of Y wallet where I need to retrieve X number of pages stashed around the world to rebuild my wallet.  I cold have my house burn down and still easily rebuild my wallet within hours.
legendary
Activity: 1274
Merit: 1000
September 22, 2016, 11:50:21 AM
I prefer using blockchain because you can sign a message to your address in that website. You could import private keys, as well. Some sites don't enable you to do that. There's also 2FA and email authentication and you can use both of them at the same time. You might also find a bitcoin wallet that accepts credit card as a withdrawal and deposit method.
I think its more safe to use electrum than blochain wallet.. because its online wallet that anytime can attack by online hackers..
Also electrum has 2fa also that you can back your private key but the real address can't.. the problem is you can not sign message if you choose 2fa this is one of the problem in electrum.. unlike a normal wallet in electrum that you can make sign message.
Even better is a paper wallet,consider that-it's easy and you just have to remember where you keep it
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
September 22, 2016, 10:39:11 AM
I prefer using blockchain because you can sign a message to your address in that website. You could import private keys, as well. Some sites don't enable you to do that. There's also 2FA and email authentication and you can use both of them at the same time. You might also find a bitcoin wallet that accepts credit card as a withdrawal and deposit method.
I think its more safe to use electrum than blochain wallet.. because its online wallet that anytime can attack by online hackers..
Also electrum has 2fa also that you can back your private key but the real address can't.. the problem is you can not sign message if you choose 2fa this is one of the problem in electrum.. unlike a normal wallet in electrum that you can make sign message.
legendary
Activity: 1036
Merit: 1002
September 22, 2016, 10:36:13 AM
Hello people!

This thread is designed to help newbies and advanced users alike...

1. For newbies to be able to choose their first Bitcoin wallet to store their coins
2. For advanced users to have an insight on what other wallets have to offer in general and be able to make a decision whether they want to transfer or not

See the whole list here:

The most definitive post on Bitcoin Wallets

We have reviewed a number of Bitcoin wallets from our experience are best to use. This is based solely on our opinion and we also welcome the opinions of others. Anyone can post suggestions and questions. We are here to answer.
For me blockchain is one of the best wallet online for me and next is coinbase where you can use credit card or bank statement to buy bitcoin via there website and you can now load at blockchain the best right.
hero member
Activity: 713
Merit: 501
September 22, 2016, 10:03:56 AM
I prefer using blockchain because you can sign a message to your address in that website. You could import private keys, as well. Some sites don't enable you to do that. There's also 2FA and email authentication and you can use both of them at the same time. You might also find a bitcoin wallet that accepts credit card as a withdrawal and deposit method.
legendary
Activity: 1554
Merit: 1014
September 22, 2016, 09:50:33 AM
I saw a lot people recommending blockchain.info, coinbase, and localbitcoin wallet, I suggest to all newbie to try Bitcoin Core or Election to experience what is difference between offline and online wallet.
Yes because blockchain.info is one of the most oldest and safest bitcoin wallet nowadays and  it will more secured now that you can sign a message to provide your identity of the address here in bitcointalk.org i love using it is easy to use and it is not hard to use anyway Smiley
Not so safe there is still risk to use online wallet but you can secured your wallet so that hackers can hack your account.. use always 2 factor auth. that can prevent hackers to login to your account.. for me i will suggest to use electrum instead its more safe than online wallet..
from the first I use bitcoin, I always use blockchain.info until now, very convenient and easy to access.
added security google authenticator and never got hacker, very safe and has been used for 3 years to date.
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