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Topic: What type of wallet do you use? - page 17. (Read 38583 times)

sr. member
Activity: 616
Merit: 250
May 20, 2017, 03:54:20 AM
I am using a combination of Online wallet, in my case Coinbase, and an offline desktop wallet – Electrum. Coinbase eases my lower transactions and send them faster without me worrying about the size, and Electrum for saving up Bitcoins.
Having lots of wallets will only make you confused lol. I only have one wallet in blockchain. However my wallet is very safe because using authentication and security blockchain system is quite safe

yeah its true but there are alot of bitcoiners may be just want to took advantage a lowerest fee..there are different fee transaction site by site.
legendary
Activity: 1372
Merit: 1008
May 20, 2017, 03:45:14 AM
I am using a combination of Online wallet, in my case Coinbase, and an offline desktop wallet – Electrum. Coinbase eases my lower transactions and send them faster without me worrying about the size, and Electrum for saving up Bitcoins.
Having lots of wallets will only make you confused lol. I only have one wallet in blockchain. However my wallet is very safe because using authentication and security blockchain system is quite safe
sr. member
Activity: 882
Merit: 251
May 19, 2017, 09:55:15 PM
I used web wallet were I feel secured and safe my bitcoin in the wallet. And Im using this for a long time now. Though, Im still looking other wallet to use.
newbie
Activity: 27
Merit: 0
May 19, 2017, 09:13:14 PM
Paper wallet - it's all right there Smiley

Just make sure you check your sources and print from a clean box...and keep that piece of paper safe.  Web, exchange; anything out of your hands is extremely likely to be compromised over a physical medium (assuming you're practicing safe storage methods).

Paper wallet is the way to go. I like to obfuscate the printed characters so that if the paper somehow gets into the wrong hands they'd have no clue what to do with it.
hero member
Activity: 882
Merit: 544
May 19, 2017, 08:14:42 PM
I have a lot of wallets but I mainly use web wallet particularly blockchain.info that I use for everyday transactions and for storing a percent of bitcoin that I got which I use for day trading sometimes and also for paying for services and buying in game items. I also use coins.ph which is a local web wallet here in the Philippines, which I use to easily convert bitcoin to fiat and by doing so, I can easily convert bitcoin to real money without using exchange.
hero member
Activity: 1148
Merit: 504
May 19, 2017, 07:26:15 PM
I am using a combination of Online wallet, in my case Coinbase, and an offline desktop wallet – Electrum. Coinbase eases my lower transactions and send them faster without me worrying about the size, and Electrum for saving up Bitcoins.
Using a lot of wallets might also add security. Because even though your wallet is hacked you still have another bitcoin in another wallet. I also have a lot of wallets.
hero member
Activity: 2282
Merit: 659
Looking for gigs
May 19, 2017, 09:40:06 AM
For now, I'm using a web wallet. Since I'm exploring BTC a bit more, I'll be checking out other types of wallets like paper, hardware, etc.
member
Activity: 93
Merit: 10
May 19, 2017, 09:27:26 AM
There is a thread about recomendations for the best wallet to use, but not all practice what they preach, so this poll is to see what people are actually using.
I understand that some people use multiple wallets of different kinds, so this poll asks which wallet is most used, this can be measured either by quantity of bitcoin or ammount of transactions.

I use Coinbase wallet for Bitcoin buy and sell. I think coinbase is most popular than other wallet. so i suggest you to use coinbase wallet if u can. It is better and easy than any other wallet. Thank you.
sr. member
Activity: 1092
Merit: 271
May 19, 2017, 09:21:09 AM
I am trusted to use an online wallet because for me it is much safer to keep all my bitcoins in my online wallet, even my friends they keep their bitcoins in an online wallet. I don't know what is the reason why people do not trust an online wallet to store all their bitcoins.
I think besides being safe. You also get the flexibility of storing bitcoins in online wallets. Because wherever you are you can still use bitcoin and access your wallet
Nothing is safe in online because the you can't tell if you were going to receive a hack attacks from the hackers so online wallet is not that safe unless you have your private key and you enable 2fa and you have strong password then we can say that you are about so close for being safe but you can't still be 100% safe.

Still a centralized web wallet is not safe since you are not holding the private key of your online bitcoin address.  Anytime the company shutdown or run away, you will automatically lost your bitcoin.  Because of that I tried to use online wallet at minimum.  I use desktop wallet and android wallet plus paper wallet for bitcoin that i intend to save.
hero member
Activity: 2590
Merit: 644
May 19, 2017, 09:01:21 AM
I am trusted to use an online wallet because for me it is much safer to keep all my bitcoins in my online wallet, even my friends they keep their bitcoins in an online wallet. I don't know what is the reason why people do not trust an online wallet to store all their bitcoins.
I think besides being safe. You also get the flexibility of storing bitcoins in online wallets. Because wherever you are you can still use bitcoin and access your wallet
Nothing is safe in online because the you can't tell if you were going to receive a hack attacks from the hackers so online wallet is not that safe unless you have your private key and you enable 2fa and you have strong password then we can say that you are about so close for being safe but you can't still be 100% safe.
hero member
Activity: 1190
Merit: 500
May 19, 2017, 08:30:36 AM
I am trusted to use an online wallet because for me it is much safer to keep all my bitcoins in my online wallet, even my friends they keep their bitcoins in an online wallet. I don't know what is the reason why people do not trust an online wallet to store all their bitcoins.
I think besides being safe. You also get the flexibility of storing bitcoins in online wallets. Because wherever you are you can still use bitcoin and access your wallet
legendary
Activity: 1148
Merit: 1006
May 19, 2017, 07:23:55 AM
I am using a combination of Online wallet, in my case Coinbase, and an offline desktop wallet – Electrum. Coinbase eases my lower transactions and send them faster without me worrying about the size, and Electrum for saving up Bitcoins.


Using this offline wallet and web wallet is reassuring that we would not lose our bitcoin. I'm using offline wallet(Electrum) and I'm only using online wallet when I'm converting some of my bitcoin to fiat because I do need it, because it is hard to trust those bitcoin web wallet, since they are not that reliable especially when it comes to hacking.

Online wallets are very prone to hackers, since it would be easy to hack since it is connected to the internet. It is very vulnerable compare to the offline wallet and the hardware wallet, that is why I recommend it to you guys to use it.

The online wallet is easy to access and for traders, this is the best wallet. Offline and hardware wallets are tough to access. But if you save your bitcoins for a long time then it is best. But here also problem if your system crash. And once system hacked means all offline and online documents also they will hack am I right? I don't have much knowledge on this hacking it is just opinion.
sr. member
Activity: 2436
Merit: 455
May 19, 2017, 07:04:03 AM
I am using a combination of Online wallet, in my case Coinbase, and an offline desktop wallet – Electrum. Coinbase eases my lower transactions and send them faster without me worrying about the size, and Electrum for saving up Bitcoins.


Using this offline wallet and web wallet is reassuring that we would not lose our bitcoin. I'm using offline wallet(Electrum) and I'm only using online wallet when I'm converting some of my bitcoin to fiat because I do need it, because it is hard to trust those bitcoin web wallet, since they are not that reliable especially when it comes to hacking.

Online wallets are very prone to hackers, since it would be easy to hack since it is connected to the internet. It is very vulnerable compare to the offline wallet and the hardware wallet, that is why I recommend it to you guys to use it.
legendary
Activity: 2758
Merit: 6830
May 19, 2017, 06:54:43 AM
I'm current using Copay mobile wallet for easy access since I don't have a lot of Bitcoins to protect. But I'm planning to buy a hardware wallet (Ledger probably) this year.
sr. member
Activity: 344
Merit: 250
May 19, 2017, 06:31:48 AM
I am trusted to use an online wallet because for me it is much safer to keep all my bitcoins in my online wallet, even my friends they keep their bitcoins in an online wallet. I don't know what is the reason why people do not trust an online wallet to store all their bitcoins.

The online wallet may be convenient for you, but the place you're storing them may someday decide to steal everybody's bitcoins and close down, leaving you with nothing.  It's happened before.  More than once.

Or you may be lucky and not have yours stolen.

But wouldn't you rather keep them yourself, and not have to rely on luck as to whether you lose everything or not?
sr. member
Activity: 454
Merit: 251
May 19, 2017, 05:56:59 AM
I am trusted to use an online wallet because for me it is much safer to keep all my bitcoins in my online wallet, even my friends they keep their bitcoins in an online wallet. I don't know what is the reason why people do not trust an online wallet to store all their bitcoins.
hero member
Activity: 742
Merit: 500
May 19, 2017, 05:08:58 AM
     I am using Electrum wallet for the past one year.
     It has user friendly options.
     Its safe to store our bitcoins.
     We can set the transaction fee manually.
     A seed is generated for our password which could be used to recover our account if our system gets damaged.
hero member
Activity: 924
Merit: 500
May 18, 2017, 10:30:25 PM
I used web wallet and paper wallet
i am using web wallet too, many of my friends and countrymen are using this kind of wallet, it is secure im sure of that, but you need also to harden your security to avoid any stealing account or any hacked account. i think all of the wallet is good to use especially if we many of the bitcoin user are using it, and they put their money on it.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
May 18, 2017, 10:18:37 PM
Using coinbase and more.
Coinbase is really eating up in transaction fees now. 96k satoshis without an option unlike others where you could adjust it.
I thought miners fee only at 50k satoshis so where does that 46k go?
Their pockets or you will have a faster transaction? How about those who could wait and not really in a hurry to receive the bitcoin?
I think they should change that and bring in an adjustable fee.
hero member
Activity: 840
Merit: 502
May 18, 2017, 10:06:39 PM
There is a thread about recomendations for the best wallet to use, but not all practice what they preach, so this poll is to see what people are actually using.
I understand that some people use multiple wallets of different kinds, so this poll asks which wallet is most used, this can be measured either by quantity of bitcoin or ammount of transactions.

I’m not surprised the lightweight desktop wallet is the most voted at the moment, it offers good enough security, and you don’t have to wait forever for the wallet to synchronize and you are not subject to risk of the web wallet being hacked.
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