What type of wallet do you use? - page 32.

carlerha

hero member

Activity: 588

Merit: 500

Quote from: pooya87 on January 07, 2017, 01:51:33 AM

two of the options in this poll are not even a wallet. such as exchange (i have no idea what faucet credit is!) and physical bitcoin (this one is a collectible not a wallet.)

and the poll should be multi choice not single choice, because technically anybody should be using multiple wallets in my opinion. at least two: one hot wallet for spending and one cold for long term storage.

and my cold storage is not in the poll Cheesy

i use a live linux with its network removed and encrypted for log in with Electrum on it.

to me i personally use two types of wallet, although both are online wallet. one is blockchain and second is yobit wallet. to me online wallet is the best option but i keep a little amount of bitcoin in it because of security reason.

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

web wallet makes me free access to it whenever I want. with a variety of devices that can be operated then the web wallet is the best choice for people who are mobile and also want a practical thing.

avinashponduru

newbie

Activity: 10

Merit: 0

localbitcoin wallet

darklus123

hero member

Activity: 1246

Merit: 588

For now i am currently using an exchanger in our place. Although i am hearing other bitcoin users that it is not safe to use this type of wallets. I am actually planning to use an electrum wallet but i was still thinking about it

Quantus

legendary

Activity: 883

Merit: 1005

The results of this poll scare the ever living dog shit out of me.
What is wrong with you people?!
You don't own any bitcoins unless you and you alone control the keys.
Web-wallets suck don't use them.

kumax

full member

Activity: 182

Merit: 100

🚀 🌏

Quote from: Oilacris on March 14, 2017, 09:02:29 AM

Just want to ask what the hell is brainwallet?Im curious about this thing since its my first time to hear out such wallet. Among the selection on the poll ive chose webwallet and most people do the same.Ive been using this because web wallets is somehow convenient and accurate to use on daily bitcoin transactions.

I think it's like when you memorize your seed phrazes and they are saved only in your brain, so you have a super safe "brain wallet". Grin

I've heard already about some people who have it like that. The biggest dissadvantage of it is, that if you forget your phrazes or if you die, your bitcoins are lost forever.

Oilacris

hero member

Activity: 2996

Merit: 609

Just want to ask what the hell is brainwallet?Im curious about this thing since its my first time to hear out such wallet. Among the selection on the poll ive chose webwallet and most people do the same.Ive been using this because web wallets is somehow convenient and accurate to use on daily bitcoin transactions.

CODE200

sr. member

Activity: 1428

Merit: 308

I use mobile wallet and it have a desktop wallet also. my bitcoin wallet is very useful because you can convert the bitcoin into money in an instant so my bitcoin wallet is the best for me. I think this wallet is available on my country only.

kidoseagle0312

hero member

Activity: 1092

Merit: 500

Quote from: ArcCsch on January 07, 2017, 01:15:21 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.

So far the wallet that I am using it now was Electrum wallet and multibit hd, these are both good. I don't have problem with it for the past 3 months that I'm using it. And sometimes I used some exchange which have strong stability in this industry.

mastermold

full member

Activity: 168

Merit: 100

As a cold wallet i use trezor. It is one of the most secure wallets created by Satoshi Labs that stands behind the very first mining pool - slush pool. The code is open source, it’s heavily reviewed by the community and so far couldn’t be hacked.

And for daily purpose operations I use Electrum. As it is easy to use.

OROBTC

legendary

Activity: 2912

Merit: 1852

...

I recently got a Digital Bitbox, a hardware wallet which I like more than the Ledger Nano and Trezor, both of which I have used for a couple of years. It just seems sturdier, solidly built.

The Ledger and the Trezor both have worked fine though. But both of them required a firmware update along the way, a firmware update does seem kind of scary, so I moved my BTC out of them while doing the updates.

I also use blockchain.info's online wallet service to store some BTC, but only that I am likely to spend or transfer. The Digital Bitbox is for cold storage.

SamsungBitcoin

sr. member

Activity: 532

Merit: 280

Quote from: Text on March 13, 2017, 08:13:57 PM

Quote from: Astvile on March 13, 2017, 08:02:21 PM

I mostly store bitcoins and use bitcoin wallet on web based bitcoin wallets

And that is the most used by bitcoin earners, because you can have your own private keys to make your wallet address more safe and secured. I have different web based wallet and all of them are 2FA activated/enabled, no one can access my wallets, only me.

i think all of users used the bitcoin wallet having private keys for the sake of our money, and i think all bitcoin wallet have private keys that is why more investor put big amount of money in their wallet as their investment because all of us know that bitcoin has potential to give us big amount of income.

Text

hero member

Activity: 2464

Merit: 594

Bitcoin Casino Est. 2013

Quote from: Astvile on March 13, 2017, 08:02:21 PM

I mostly store bitcoins and use bitcoin wallet on web based bitcoin wallets

And that is the most used by bitcoin earners, because you can have your own private keys to make your wallet address more safe and secured. I have different web based wallet and all of them are 2FA activated/enabled, no one can access my wallets, only me.

Astvile

sr. member

Activity: 1484

Merit: 276

I mostly store bitcoins and use bitcoin wallet on web based bitcoin wallets

n691309

legendary

Activity: 1526

Merit: 1001

Quote from: ArcCsch on March 13, 2017, 12:24:34 PM

Quote from: Erichallig on March 13, 2017, 10:55:47 AM

What is brain wallet?

Using a brain wallet means memorizing a passphrase and using it to derive keys and addresses, with no hard copy. This can be done securely, but it is very easy to choose an insecure passphrase and lose your bitcoin to hackers. Also, a long passphrase is hard to remember, band the coins are lost forever if you forget the passphrase. Finally, if you happen to die while using a bran wallet, the bitcoins die with you (paper wallets and other backups can be found and opened by family).
For those reasons, brain wallets are not recommended for regular storage.
Niche applications include holding on to coins in places they may be stolen or confiscated (prison, oppressive regimes (think 1984), very invasive border patrols, etcetera). If you use a brain wallet for this, be sure never to reveal its existence (better yet, avoid mentioning cryptocurrency at all), as you may be tortured and forced to reveal the pass-phrase.

These are good recommendation why brain wallet is not safe at all because of these risks, and if nothing happens we many times in our lives become sick and ill and we have many chances that we can forget a part of the passphrase and lose all the bitcoins on that wallet. Not mentioning the cryptocurrency in the public or to strangers is a good thing too to escape any surprises but we can't isolate ourselves because bitcoin is getting bigger and bigger and one day soon we will spend our coins on the right places.

ArcCsch

full member

Activity: 224

Merit: 117

▲ Portable backup power source for mining.

Quote from: Erichallig on March 13, 2017, 10:55:47 AM

What is brain wallet?

Using a brain wallet means memorizing a passphrase and using it to derive keys and addresses, with no hard copy. This can be done securely, but it is very easy to choose an insecure passphrase and lose your bitcoin to hackers. Also, a long passphrase is hard to remember, band the coins are lost forever if you forget the passphrase. Finally, if you happen to die while using a bran wallet, the bitcoins die with you (paper wallets and other backups can be found and opened by family).
For those reasons, brain wallets are not recommended for regular storage.
Niche applications include holding on to coins in places they may be stolen or confiscated (prison, oppressive regimes (think 1984), very invasive border patrols, etcetera). If you use a brain wallet for this, be sure never to reveal its existence (better yet, avoid mentioning cryptocurrency at all), as you may be tortured and forced to reveal the pass-phrase.

prass tyo

sr. member

Activity: 338

Merit: 250

I use Lightweight Wallet (Mobile) because it is simple and can carry around, the issue of security so we set themselves the best way how to let safety

Erichallig

sr. member

Activity: 476

Merit: 251

Desktop and web wallet. What is brain wallet? 😳

mmo_online_1981

sr. member

Activity: 798

Merit: 250

I usually use online wallet for small numbers and use mobile apps

MarcelHimself

newbie

Activity: 27

Merit: 0

i personally use xapo ..but now i used to pay the fees ...so back to coinbase

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