Topic: What type of wallet do you use? - page 43. (Read 38595 times)
I use Electrum wallet, and keep some small amount in echange. I ordered Ledger, cant wait to get it, should be on my doorstep next week
When I first started to collect Bitcoins (in 2012), I used to store my coins in Instawallet. But they closed down in 2013, and so I moved my coins to my BTC-e wallet. And a few months later, the Mt Gox hack happened. I decided not to store my coins in any of the exchanges, and therefore moved them to Blockchain.info wallet. A few months later, I created a few paper wallets and moved my coins. I am still using these paper wallets.
Am using blockchain.info for both my web and mobile wallet as its the most convenient for me.
And for all my altcoins I have stuck to desktop wallets.
And for all my altcoins I have stuck to desktop wallets.
Nice poll, I appreciate the way how you defined the wide range of options when it comes to the kind of wallet that we are using. My first wallet was a web wallet and that was because I found it very easy to understand and handle. I did not even have to understand public/private keys and other technical expressions that may scare newcomers. I think, its simplicity and similarity to fiat online payment processors enable it to lead among the options.
I'm using Electrum's HD wallet just for everyday spending. I tried to download the Qt client once and I seemed to have some problems in storage so I thought that that wouldn't be the best wallet for me. Electrum is one of the best lightweight desktop wallets there is right now due to its simplicity and, well, lightweight-ness.
I prefer lightweight desktop wallet, so I use Electrum for Bitcoin and also for Litecoin (Electrum-ltc).
For other altcoins I use web wallet (Bit.ac) and for the biggest shitcoins I use online wallets on trading pages.
But I don't store there any big amounts, they are more for testing and playing with them.
For other altcoins I use web wallet (Bit.ac) and for the biggest shitcoins I use online wallets on trading pages.
But I don't store there any big amounts, they are more for testing and playing with them.
I am using web wallet because i think it is the best option for me i can convert cash to bitcoin instantly or bitcoin to cash, pay bills like electric,water bills using that web wallet also i can cashout cash anytime i like using those remittance center that are available in that web wallet and lastly i like the support they really help whenever you need them.
I use mobile wallet of blockchain nectar it is official wallet. So i can trust it 100% without any fear. On top of it blockchain have Android app and sending bitcoin is just a tap away and its website it's also responsive and quick.
i use hardware wallet cause i think it can do for a long term.
I would say that there is a benefit of using Core and running transactions through your own node for privacy reasons; but since bitcoin is quite transparent in where transactions are going too, there is no real reason besides to help support the reliability of the network.
I use MultiBit for Desktop mostly and Breadwallet for mobile... both are quite good and reliable in terms of being able to control your own private keys.
I use MultiBit for Desktop mostly and Breadwallet for mobile... both are quite good and reliable in terms of being able to control your own private keys.
If someone is interested in running a full node what is the ideal set up for it in terms of hard drive size and amount of bandwidth? I read around the forum and most comments Ive seen is that no one really wants to run their own node anymore because it is costly.
I would say that there is a benefit of using Core and running transactions through your own node for privacy reasons; but since bitcoin is quite transparent in where transactions are going too, there is no real reason besides to help support the reliability of the network.
I use MultiBit for Desktop mostly and Breadwallet for mobile... both are quite good and reliable in terms of being able to control your own private keys.
I use MultiBit for Desktop mostly and Breadwallet for mobile... both are quite good and reliable in terms of being able to control your own private keys.
I personally use both a desktop wallet as well as an online wallet for Bitcoin that I assume I'll be transacting fairly quickly or within a relatively short-term timeframe. Anything else either goes to a more secure wallet I have on a hard drive stored separately from my PC.
I like the system I have, but it can be a pain some times.
I like the system I have, but it can be a pain some times.
That's a good system. Less secure hot wallet for frequent spending which you keep less coins on and a more secure cold wallet for "savings" which you store the rest of your coins on.
I personally use both a desktop wallet as well as an online wallet for Bitcoin that I assume I'll be transacting fairly quickly or within a relatively short-term timeframe. Anything else either goes to a more secure wallet I have on a hard drive stored separately from my PC.
I like the system I have, but it can be a pain some times.
I like the system I have, but it can be a pain some times.
what would happen if the phone ever get stolen?
Mycelium is a hierarchical deterministic wallet, all the private keys can be recovered from the master seed, it can also be protected with a PIN.If you have a written copy of your key, and don't use somethng obvious like 1234 as your PIN (choose it randomly), you can recover your coins and send them to another wallet before the thief finds your PIN.
I am not sure if PINs longer than 4 digits can be used.
Im using Web wallet
Well based on my experience, I've been using mycelium wallet for almost a year since I started working with bitcoin in Dec.2015. And never face any problem with this wallet, nor lost any, even 0.0000001 satoshi. So overall I'm satisfied and I'm really assured that my coins is safe(not totally safe) in this wallet service.
OK then, at least I got the advise of a fellow Pinoy using it. I'd go read up about it and install it in my phone when I need to. Then I can just use for storage and coins.ph just for cashing out. BTW though, since it would be in the phone and I suppose the data would not be backed up online, what would happen if the phone ever get stolen (always a real concern in Manila, even for cheap androids)?
Well based on my experience, I've been using mycelium wallet for almost a year since I started working with bitcoin in Dec.2015. And never face any problem with this wallet, nor lost any, even 0.0000001 satoshi. So overall I'm satisfied and I'm really assured that my coins is safe(not totally safe) in this wallet service.
Mobile and web wallets are easy accessible. I like blockchain wallet and localbitcoin wallet for depositing and sending bitcoin. All the counterparty wallets i like and use. Book of Orbs has a nice wallet for Rare Pepe, SOG, & FOW
I use for web and paper wallet. Since im a newbie, i still have to figure those other wallets though.
Lol paper wallet it is very complicated and inflexible dude ? its better use online wallet it would be easier and more flexible. if you want to be safe again use desktop wallet
I'm using mobile wallet (mycelium) I much prefer using my android for bitcoins, as mycelium have the feature to access your private keys as you owned them, and I can signed message there to prove that I owned those address. And also i'm using web wallet (coins.ph) this is only for converting my bitcoin to fiat so I can use them locally (this wallet service is exclusive for people lives in Philippines). I don't recommend to use the same wallet I used, but for security reasons much better if you use hardware, desktop wallets and paper wallets.
How does Mycelium work and is it safe? I've just been introduced to bitcoin and I've just used coins.ph. I have coinbase but it's empty, it just happened that it was the suggested wallet when I started trying out faucets. Never got paid by any of those.
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