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Topic: What type of wallet do you use? - page 38. (Read 38559 times)

full member
Activity: 165
Merit: 101
February 03, 2017, 02:30:23 PM
Im using online/web wallet at the moment because my bitcoin isn't much yeah that was sad
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
February 03, 2017, 02:21:27 PM
I'm using various wallets across multiple currencies. From desktop lightweight to web wallets and full nodes for different altcoins. On my phone I'm using only the jaxx wallet at the moment as I don't need anything else. Wink
hero member
Activity: 986
Merit: 516
February 03, 2017, 01:13:01 PM
As the poll shows 'Web Wallet' is the most popular type of wallet. The ease and convenience provided by web wallets are not matched by any other mean of wallet. I am using Coinbase from last 15 months and never faced a single problem. Rather, I enjoy the fees free fast transactions.
However, wallets are use specific. Not every wallet caters all need. Therefore, I am using Paper wallet for holding 2 BTC at the moment. If I keep it in my web wallet, I may use it soon!  Grin
So if someone wanna do daily transactions in Bitcoin (Coinbase or Electrum)
For holding Bitcoin (Paper Wallet/0

I aslo voted for web wallet.Here most of the people using web wallet for their daily use and transaction.Only for huge amount of BTC storing people use paper,desktop,hardware wallet.But for daily use,people use coinbase,blockchain etc web wallet.Also i am holding my half BTC on my web wallet.In my country,i have seen many people also use same wallet for storing Bitcoin,and most of them use only Coinbase wallet.
legendary
Activity: 1918
Merit: 1728
February 03, 2017, 10:07:05 AM
As the poll shows 'Web Wallet' is the most popular type of wallet. The ease and convenience provided by web wallets are not matched by any other mean of wallet. I am using Coinbase from last 15 months and never faced a single problem. Rather, I enjoy the fees free fast transactions.
However, wallets are use specific. Not every wallet caters all need. Therefore, I am using Paper wallet for holding 2 BTC at the moment. If I keep it in my web wallet, I may use it soon!  Grin
So if someone wanna do daily transactions in Bitcoin (Coinbase or Electrum)
For holding Bitcoin (Paper Wallet/0
legendary
Activity: 3038
Merit: 1169
February 03, 2017, 10:06:12 AM
I am just using web wallet and for 2 years of using it I don't have any problem except for the bank related matters that my bitcoins can not be withdrawn, but still I am not referring to just use web wallet only, I really want to use other bitcoin wallet storage maybe in the future but for now I am sticking to the things that I know so my vote goes to web storage.
hero member
Activity: 924
Merit: 506
February 03, 2017, 10:04:42 AM
They all come with their own advantages but remember technically speaking there is only one wallet which is the private key.
So whatever you do and whatever you use, they'll all use private keys to transfer coins.
Do you save the private key of each address before depositing? if not then you deserve to lose your money.

No matter what type I always save my private keys but web wallet such as bc.info is my favorite.
sr. member
Activity: 406
Merit: 250
Too Weird to Live. Too Rare to Die...
February 03, 2017, 10:00:06 AM
I use electrum and a couple of web wallets and have some shared addresses where possible. I don't like using the original qt wallet since it eats my cpu and really slows down my internet. I only use full node wallets when they are pos and I can earn something from it by running it.
hero member
Activity: 882
Merit: 500
February 03, 2017, 09:48:16 AM
I use only web wallet...but will like to try out the paper wallet

Paper wallet is just a waste of time. It has also risk just like the web wallets. If you have a huge quantity of bitcoin the its a good alternative to try paper wallet but if you have only a small amount it is really a waste of time. There are many ways how to make your bitcoin safe in web wallets. The advantage of having your coin in web wallets is that you can access it everywhere you go and you can do many things with it.

yes paper wallet is really a boring and time consuming task. And initially when I was new to bitcoin and had very less transaction in a week and at that time I was curious to use new technology and I loved to use paper wallet at that time but now  I have to transact more and paper wallet are time waster.
hero member
Activity: 868
Merit: 504
February 03, 2017, 09:23:18 AM
An online wallet to do my transactions and an offline to where I store most of it. Better be safe than risking it all in an online one. You cant see what could happen if suddenly one wallet site tells they are hacked, which I see is always a lie just to run off from their cusromers. They just go away once they got the quota they wanted.

Exactly. That really is the best solution. Online wallet (exchange, web, desktop, mobile, etc) for as your "spending account" that you don't keep much in, then a very secure offline wallet as your "savings account". I don't see how anything else could be better than that.
I use online wallet. I know it's not safe and many wallets and exchangers were hacked and that all affected on the price for bitcoin. To minimize the risk I cash out almost everything that I earn monthly and some % goes om my USB wallet for future, I really believe that the price for bitcoin will rise to the sky.
Exactly same here.I'm using various types of online wallet so i like to call blockchain,coinbase,xapo,mycelium.Well much known there safety and always there have a chanced get hacked and obviously If you plan not touch the Bitcoins for long time, don't use such of this wallet.However,minimize get lost of bitcoins or other unfortunate things always busy with transactions and connected trading site.
legendary
Activity: 2338
Merit: 1081
#SWGT CERTIK Audited
February 03, 2017, 08:23:36 AM
An online wallet to do my transactions and an offline to where I store most of it. Better be safe than risking it all in an online one. You cant see what could happen if suddenly one wallet site tells they are hacked, which I see is always a lie just to run off from their cusromers. They just go away once they got the quota they wanted.

Exactly. That really is the best solution. Online wallet (exchange, web, desktop, mobile, etc) for as your "spending account" that you don't keep much in, then a very secure offline wallet as your "savings account". I don't see how anything else could be better than that.
I do the same thing. I have a couple of offline wallets that I use for the BTC I want to keep in for a long term just to store them and wait for the price to go higher. I use localbitcoins and multibit for my daily transactions. Which have been working really well so far and I'm happy with it. The only thing I'd like to change right now is the no. of BTC I have in my offline wallets.  Wink
sr. member
Activity: 294
Merit: 250
February 03, 2017, 08:10:31 AM
An online wallet to do my transactions and an offline to where I store most of it. Better be safe than risking it all in an online one. You cant see what could happen if suddenly one wallet site tells they are hacked, which I see is always a lie just to run off from their cusromers. They just go away once they got the quota they wanted.

Exactly. That really is the best solution. Online wallet (exchange, web, desktop, mobile, etc) for as your "spending account" that you don't keep much in, then a very secure offline wallet as your "savings account". I don't see how anything else could be better than that.
I use online wallet. I know it's not safe and many wallets and exchangers were hacked and that all affected on the price for bitcoin. To minimize the risk I cash out almost everything that I earn monthly and some % goes om my USB wallet for future, I really believe that the price for bitcoin will rise to the sky.
hero member
Activity: 994
Merit: 544
February 03, 2017, 08:08:06 AM
I use only web wallet...but will like to try out the paper wallet

Paper wallet is just a waste of time. It has also risk just like the web wallets. If you have a huge quantity of bitcoin the its a good alternative to try paper wallet but if you have only a small amount it is really a waste of time. There are many ways how to make your bitcoin safe in web wallets. The advantage of having your coin in web wallets is that you can access it everywhere you go and you can do many things with it.
sr. member
Activity: 434
Merit: 250
February 03, 2017, 08:01:09 AM
Well for Me I use two kind of wallet one is paper wallet I use it for my personal investment, Inorder for me to hold myself from transferring it to an exchange website and cashing it out to early , the second one is the exchange wallet I use it to receive fund from signature campaign and when I am exchanging my bitcoins to fiat
hero member
Activity: 1176
Merit: 509
February 03, 2017, 06:43:39 AM
I don't know of the wallet I'm using is categorized under web wallet but I voted for it because I can only view my wallet if I'm online. I'm using a local wallet applicable only here in the Philippines. I love this wallet because it is very convenient to use and there are lots of options to choose where to cash out my bitcoin.  
copper member
Activity: 1330
Merit: 899
🖤😏
February 03, 2017, 06:43:20 AM
One of the best web wallets blockchain.info and electrum is one of the best personal wallets, now you could talk about coinbase all day but facts are facts.
sr. member
Activity: 1078
Merit: 256
February 03, 2017, 06:41:44 AM
Well the only form of wallet I know of is a web wallet. I find it simple and easy  to use. I don't have bitcoins right now, but If I got the chance to get bitcoins, I will surely took in consideration different kinds of wallet to store it.
sr. member
Activity: 334
Merit: 250
February 03, 2017, 06:40:10 AM
I use only web wallet...but will like to try out the paper wallet
legendary
Activity: 1372
Merit: 1005
February 03, 2017, 06:27:49 AM
I want a simple, as long as I know bitcoin about 2 years I only use 1 web wallet from coinbase. the other reason was since I have a wallet, I've yet to save a bitcoin over 0.5 btc.

Coinbase is fine wallet, there is no big minimum charge to transfer the bitcoins using coinbase. I always desktop wallet and I use the electrum wallet and it is more convenient to have a multiple address and can combine multiple wallets together.  When you are moving with high btc transaction then prefer the desktop wallets bro.
hero member
Activity: 994
Merit: 502
February 03, 2017, 06:23:59 AM
I want a simple, as long as I know bitcoin about 2 years I only use 1 web wallet from coinbase. the other reason was since I have a wallet, I've yet to save a bitcoin over 0.5 btc.

I too prefer web wallet for the improved safety features along with the easy accessibility. Coinbase have restrictions in the usage of bitcoin. For this purpose I prefer using Blockchain wallet than most other wallets that are in use.
hero member
Activity: 854
Merit: 500
February 03, 2017, 06:09:45 AM
I want a simple, as long as I know bitcoin about 2 years I only use 1 web wallet from coinbase. the other reason was since I have a wallet, I've yet to save a bitcoin over 0.5 btc.
Yeah I have used Coinbase for a long time and right now, I am using two kind of wallet: Bitcoin core and Coinbase. I find coinbase is very useful to send and receive funds from my friends because most of them are using coinbase and we can make a transaction only with our mail. I use Bitcoin core to store my Bitcoin safer and prevent cyber attacker from stealing my property
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