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Topic: What is Bitcoin Wallet? - page 3. (Read 1422 times)

member
Activity: 168
Merit: 10
March 26, 2018, 12:53:06 PM
Bitcoin wallet is a wallet ofcourse, it is a wallet that bitcoin is the only content of that wallet. For example of bitcoin wallet is fhe coins.ph wallet in my country. That wallet have a bitcoin wallet. You can easily send bitcoin to other people, also you can convert it into peso bill.
legendary
Activity: 1190
Merit: 1024
March 26, 2018, 12:45:41 PM
Since bitcoin is valuable currency and its up to us how we save them from other. I always store my bitcoin in hardware wallet just to prevent my coin from hackers.
newbie
Activity: 251
Merit: 0
March 26, 2018, 12:41:53 PM
This should be in beginners section I guess. But you many not know that so it is okay. Coming to your question.

As Bitcoins don’t exist in any physical shape or form, they can’t technically be stored anywhere. Instead, it’s the private keys used to access your public Bitcoin address and sign for transactions that need to be securely stored. A combination of the recipient’s public key and your private key is what makes a Bitcoin transaction possible. A wallet stores your private key and keeps it secure.
member
Activity: 307
Merit: 10
March 26, 2018, 11:48:00 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.



A bitcoin wallet is a digital wallet where you can keep you bitcoin on it. It is a type of digital wallet that your crypto currency can hold or keep it. So if you have now a bitcoin, you need to have also a bitcoin wallet to secure you money.
full member
Activity: 290
Merit: 100
March 26, 2018, 11:44:50 AM
Bitcoin-wallet - an electronic image of a device for storing banknotes of electronic crypto currency Bitcoin. There is a key that allows you to manage virtual money. As a rule, keys are stored in encrypted file wallet.dat (purse), protected by a password.
newbie
Activity: 42
Merit: 0
March 26, 2018, 11:40:58 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
bitcoin wallet is a bitcoin storage, one can not have bitcoin without bitcoin storage (bitcoin wallet / bitcoin wallet). bitcoin wallet is a place to store some cryptographic keypair, or more commonly known as "bitcoin address"
newbie
Activity: 140
Merit: 0
March 26, 2018, 09:41:35 AM
A Bitcoin wallet is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance.A bitcoin wallet is what you use to receive, send, and store your bitcoin. Setting up a bitcoin wallet is very easy and takes just a few seconds.
newbie
Activity: 25
Merit: 0
March 23, 2018, 07:30:42 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
DEFINITION OF BITCOIN DOMPET. Wallet Bitcoin, is the place (purse) of Bitcoin storage. Somebody, will not be able to have Bitcoin without Bitcoin storage (Bitcoin Wallet / Wallet Bitcoin). Bitcoin wallet function is to store some cryptographic keypair, or more commonly known as "Bitcoin Address" (Bitcoin address) .
newbie
Activity: 73
Merit: 0
March 23, 2018, 02:03:22 PM
Bitcoin wallet is a program. It  is an electronic wallet in where you can keep your bitcoin, because this is just a personal portfolio to keep your digital currency safe and securein. it is a technical definition about bitcoin wallet as a simple langue Bitcoin wallet is place of bitcoins store.
member
Activity: 182
Merit: 12
March 23, 2018, 01:42:19 PM
A wallet in general (if bitcoin, byteball, alqo or any other) stores your private keys and not the coins per se. But if you lose access to your wallet its the same like losing your real wallet...the money/coins is/are gone. So better make a backup and save your revocery seed in a secure place!

If you keep your coins on an exchange, technically they own the coins (because they hold the private keys) and only grant you access to them. So it really is a trust buisiness.
newbie
Activity: 136
Merit: 0
March 23, 2018, 01:36:51 PM
That's right. Bitcoin wallet is like your bank account. We can use it for transaction cryptocurrency like bitcoin. Without it we can't do transaction like buy and sell. So, bitcoin wallet help us to received and send cryptocurrency.
jr. member
Activity: 84
Merit: 2
March 23, 2018, 12:59:47 PM
Bitcon wallet is the application that is used to store your bitcoin or coins. This is the tool that helps bitcoin and also other crypto currencies to collect the coins of currencies. This is also used to receive and to send the coins to one wallet to other.  Without the wallets all crypto currencies will be useless just imagine that you have a lot of coins and you have wallet to store, surely those coins will be thrown away. There are a lot of wallets that come out because this is very profitable also. Some wallets are charging a percentage in each transaction you will do.
newbie
Activity: 133
Merit: 0
March 23, 2018, 10:36:48 AM
Bitcoin wallet is a program where you can store your bitcoin electronically or offline. It's like the way you store you fiat currency in banks but then you are in control of your money with bitcoin.
full member
Activity: 1028
Merit: 144
Diamond Hands 💎HODL
March 23, 2018, 10:05:18 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
Bitcoin wallet is an electronic wallet in where you can keep your bitcoin.In bitcoin you can keep your momey safe and sound.Because in here your money is secured and it will also grow in so many ways if the value of the bitcoin becomes high.
newbie
Activity: 34
Merit: 0
March 23, 2018, 10:04:14 AM
My opinion bitcoin wallet is a place to store all the bitcoin belance because this is just a personal portfolio to keep your digital currency safe and secure because you hold your private key ...
newbie
Activity: 308
Merit: 0
March 23, 2018, 10:00:30 AM
Coinbase,block chain.
jr. member
Activity: 294
Merit: 1
March 23, 2018, 09:58:35 AM
This is also a wallet where you can put altcoin coming from earning. And wallet that give your altcoin to be secured.
newbie
Activity: 56
Merit: 0
March 23, 2018, 09:54:47 AM
Without a Bitcoin wallet, you can’t send or receive Bitcoin payments. So before you get bitcoins, you’ll need to buy, download, or create a bitcoin wallet.

There are many different ways to use Bitcoin and so there are many different types of wallets:
1. Online bitcoin wallets. Wallets that can be accessed on the web from any internet connected device.
2. Bitcoin hardware wallets. Physical devices designed to secure bitcoins.
3. Software wallets. Wallet applications downloaded to your phone, computer or tablet.
4. Paper wallets. Bitcoin private keys printed from an offline computer.
member
Activity: 126
Merit: 10
March 23, 2018, 09:46:24 AM
Bitcoin wallet or the blockchain system itself?
The blockchain system is configured for decentralization, which means that until there is a person who owns more than 51% of all bitcoins will not be able to change the data, that is, if you sold the house under a smart contract, then no one will be able to change the owner so that it can not be tracked!
newbie
Activity: 56
Merit: 0
March 23, 2018, 09:41:46 AM
Wallet Bitcoin, is the place (purse) of Bitcoin storage. Somebody, will not be able to have Bitcoin without Bitcoin storage (Bitcoin Wallet / Wallet Bitcoin). Bitcoin wallet function is to store some cryptographic keypair, or more commonly known as "Bitcoin Address" (Bitcoin address).
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