Topic: What wallet should i use? (Read 2404 times)
I think blockchain is good, simple and fast, it needed people
Mycelium, got just about everything you need in a bitcoin wallet and has great cold storage options for sweeping private keys on paper wallets or Trezor connection.
I will have to check on 2fa with Mycelium, only just thought about that.
Anyone know if Mycelium wallets supports 2fa for login or spending?
I will have to check on 2fa with Mycelium, only just thought about that.
Anyone know if Mycelium wallets supports 2fa for login or spending?
this is something i also wonder about mostly , i dont want to download the whole blockchain due to the conditions of my internet .. is there any wallet which can be used offline but without downloading the whole blockchain ? i dun think so but i thought i should ask 
Electrum is don't have download the data, but you need to online to sync the balance and take some transactions.
I have been using multibit from the get go and no problem what so ever. So my advice would be to use it. But if you are looking to compare some of the wallet services, I suggest you look at some of the reviews like ths:
https://99bitcoins.com/best-bitcoin-wallet-2015-bitcoin-wallets-comparison-review/
https://99bitcoins.com/best-bitcoin-wallet-2015-bitcoin-wallets-comparison-review/
this is something i also wonder about mostly , i dont want to download the whole blockchain due to the conditions of my internet .. is there any wallet which can be used offline but without downloading the whole blockchain ? i dun think so but i thought i should ask
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
I have been using electrum for over a year and it works... usually. It can be glitchy at times. Sometimes it says I have more coins than I really do which is exciting at first but then annoying. Usually when it glitches like that it means I'll have a problem if I try to execute a transaction too.
But it also depends on how much coin you are going to have. Don't keep large sums in electrum just in case there are more serious glitches. For larger amounts you should do the cold storage process and have physical backups maybe kept in a safe deposit box or some other safe storage.
there are no many new wallets now and i will not trust any wallet for my bitcoins i know you have had bad experiance with blockchain.info but give it another try i find blockchain.info the most trusted and secure online wallet
Use Mycelium on Android, or breadwallet on iOS. They're the best. Easy to use, and a very user friendly reliable backup procedure.
Airbitz!
it's better to have different wallet on different solutions. The desktop wallet or paper wallet are preferable for high amount of coins, while an online wallet for few coins.
Btw blockchain.info is widely used and secure.
Btw blockchain.info is widely used and secure.
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
My suggestion is Electrum, multibit is good too. But i prefer to Electrum, they have more features for the security although i still haven't any problem with the old version, also you don't need to download the data.
Better to don't store all your coins on web wallet or exchanger.
i use 2 wallets, 1st wallet is where i receive BTC like from signature campaigns, trades and sales. 2nd wallet i use to convert my BTC to my local currecy. I can use just 1 wallet but much better if i use different wallet for incoming BTC and outgoing BTC
i personally use coins.ph they dont charge transaction fee..
and until now i dont experience problem in the site..
and until now i dont experience problem in the site..
If you plan to exchange fiat for Bitcoin and do not want to overcomplicate, a verified coinbase wallet goes great. You can exchange your bitcoins for money and viceversa inside it.
you could use trezor wallet for storing or could use paper wallet or breadwallet...
Yeah, multibit support private key import and export with encryption support so you can safely put it on your flashdisk or something.
Also, you can try use Electrum, it just like Multibit but with more features like multi-sig or hardware wallet support.
Also, you can try use Electrum, it just like Multibit but with more features like multi-sig or hardware wallet support.
Multibit is the best for me, as it is very safe and have some most valuable features, apart from bitcoins I would suggest to use localbitcoins and blockchain.info as they are very safe and trustworthy.
If you really want to secure your Bitcoin then use paper wallet just be sure you have a duplicate copy and keep it in a place where it will not get lost. Actually there are still lots of wallets you can use, like desktop walte, mobile wallets or online wallets. But it is necessary to put only there the amount you need or will be using daily. Currently I have paper wallet and I'm using blockchain and coinbase. In my experience they are one of the hottest online wallet.
If you created that wallet on an online computer it is not safe.
If you really want to secure your Bitcoin then use paper wallet just be sure you have a duplicate copy and keep it in a place where it will not get lost. Actually there are still lots of wallets you can use, like desktop walte, mobile wallets or online wallets. But it is necessary to put only there the amount you need or will be using daily. Currently I have paper wallet and I'm using blockchain and coinbase. In my experience they are one of the hottest online wallet.
you can use https://blockchain.info/wallet/login
or you can use wallet like Xapo.
but, blockchain is more goodlest cause is from bitcoin...
and also many people use blockchain.
try it.
or you can use wallet like Xapo.
but, blockchain is more goodlest cause is from bitcoin...
and also many people use blockchain.
try it.
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
I haven't moved my bitcoin from blockchain. Still love it Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
. I would suggest electrum ( for cold storage ) and coinbase ( blockchain.info alternative ) for you. Cold storage is cool if your computer is safe from viruses and keylogger. Don't forget to backup your bitcoin on paper wallet. 
I would suggest you to use Mycelium over Blockchian.info or Xapo. The only downside is that Mycelium is for Android and iOS only. It also have features that most Bitcoiner need such as import, encrypt privet key and signing of message.
wait so can i actually go to bitaddress.org disconnect my internet connection then create a wallet turn browser off and i will have a cold wallet?
You can download that webpage as a file and run that file on an offline computer with internet explorer. You don't need to be connected to the web to use IE.
YES you could, download bitaddress.org, disconect your computer, create it and it's... offline until you reconnect your computer to the web..... It's only semi cold using this method. As I said if your comp has malaware it's just going to record your keystrokes and forward it to the hacker when you reconnect.
HOWEVER this method will stop people that are connect to your comp watching it or just sending live key strokes.
Semi cold is way better than hot.
By your definition, all addresses generated outside of a faraday cage would be considered "semi-cold".
I agree. Perhaps.. almost cold if you're not in a faraday cage. Funny you mentioned that, I have been thinking about that for some time lmao.
Yeah, multibit support private key import and export with encryption support so you can safely put it on your flashdisk or something.
Also, you can try use Electrum, it just like Multibit but with more features like multi-sig or hardware wallet support.
Also, you can try use Electrum, it just like Multibit but with more features like multi-sig or hardware wallet support.
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
as desktop walled i personally use multibithd and i try it a lot useful , ligh-weight walet, for your mobile i advice mycelium, a complete and safe wallet whit a lot of features
Bitcoin Core would probably be the wise man's choice or at the very least a local lightweight wallet but I personally prefer to store my Bitcoin online. I've been using Coinbase for a long time and they are secure enough for me, I've got my phone linked with 2FA and a secondary email for confirmation plus I have the option to store bigger amounts offline with their Vault feature. They are insured too. I just love being able to access my BTC anywhere from any device without having to carry my wallet file with me. I understand my BTC is not 100% safe but then it's not gonna be 100% safe anywhere else either. It's nice to get a notification when I receive BTC while I'm out 
I use mycelium (android) and coinbase (web based ) , I feel safe using them
You can try them
You can try them
As online wallet are not recommended so I use electrum for storing my Bitcoins.
It's very light and no need to download any block chain.
It's very light and no need to download any block chain.
I have always used electrum and multibit classic, I think those are the best alternatives
I use a xapo wallet for my daily usage. I find it quite safe to use.
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
What's the bug with blockchain wallet?
I have always used electrum and multibit classic, I think those are the best alternatives
Noob question...
Blockchain.info wallet with 2FA set in (and not an email address) he should be pretty secure right? What's the likely hood that his address, mail, and mobile would be hacked all at the same time?
Again, total noob question but seems secure enough.
Blockchain.info wallet with 2FA set in (and not an email address) he should be pretty secure right? What's the likely hood that his address, mail, and mobile would be hacked all at the same time?
Again, total noob question but seems secure enough.
I think it mostly depends on the amount you intend to keep in a wallet. Web wallets should be considered 'hot', holding just enough for what you need to use daily (check out Coinbase). Mobile wallets are also considered hot (check out Bitcoin Wallet on Android, Breadwallet on iOS or Mycelium). Any considerable amount of coins should be stored in a 'cold' wallet - one without access to the internet (check out Paper Wallets, Hardware Wallets or specialized software like Armory).
I think that's a pretty good answer. Personally, I mostly use Coinbase, breadwallet, and electrum. I hope to add a Trezor soon too.
Regards,
Christopher
wait so can i actually go to bitaddress.org disconnect my internet connection then create a wallet turn browser off and i will have a cold wallet?
Correct. Download the webpage and disconnect. But be mindful of the entropy thing.
I know how the method works, just still can't understand entropy completely. Isn't entropy some sort of randomness?
ok so i created a wallet and took pics of a private keys and stored it then on my usb through pc am i safe?
edit: i did everything offline
edit: i did everything offline
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Just download Bitcoin Core from - https://bitcoin.org/en/download or get yourself a few paper wallets from - https://www.bitaddress.org
It's as simple as that bro, run an anti virus scan on your computer & use either or a combination of the above to store your bitcoins.
If you've read any of the other posts, no, it is not just as simple as that.
By your definition, all addresses generated outside of a faraday cage would be considered "semi-cold".
Sounds cool. I'd buy one.
Take your pick:
http://www.homedepot.com/b/Appliances-Cooking-Microwaves/N-5yc1vZc3ok
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Just download Bitcoin Core from - https://bitcoin.org/en/download or generate yourself a few paper wallets (offline) from - https://www.bitaddress.org & send your coins to the address/addresses generated.
It's as simple as that bro, run an anti virus scan on your computer first & then use either or a combination of the above to store your bitcoins.
By your definition, all addresses generated outside of a faraday cage would be considered "semi-cold".
Sounds cool. I'd buy one.
wait so can i actually go to bitaddress.org disconnect my internet connection then create a wallet turn browser off and i will have a cold wallet?
You can download that webpage as a file and run that file on an offline computer with internet explorer. You don't need to be connected to the web to use IE.
YES you could, download bitaddress.org, disconect your computer, create it and it's... offline until you reconnect your computer to the web..... It's only semi cold using this method. As I said if your comp has malaware it's just going to record your keystrokes and forward it to the hacker when you reconnect.
HOWEVER this method will stop people that are connect to your comp watching it or just sending live key strokes.
Semi cold is way better than hot.
By your definition, all addresses generated outside of a faraday cage would be considered "semi-cold".
wait so can i actually go to bitaddress.org disconnect my internet connection then create a wallet turn browser off and i will have a cold wallet?
You can download that webpage as a file and run that file on an offline computer with internet explorer. You don't need to be connected to the web to use IE.
YES you could, download bitaddress.org, disconect your computer, create it and it's... offline until you reconnect your computer to the web..... It's only semi cold using this method. As I said if your comp has malaware it's just going to record your keystrokes and forward it to the hacker when you reconnect.
HOWEVER this method will stop people that are connect to your comp watching it or just sending live key strokes.
Semi cold is way better than hot.
I do use the character input as well.
Why not use diceware or similar to generate a sufficiently long passphrase and then use the "brain wallet" section of bitaddress to generate a private key? If you don't want to try and remember the passphrase used to generate the address print out the public and private address like you would with any other cold wallet.
wait so can i actually go to bitaddress.org disconnect my internet connection then create a wallet turn browser off and i will have a cold wallet?
You can download that webpage as a file and run that file on an offline computer with internet explorer. You don't need to be connected to the web to use IE.
YES you could, download bitaddress.org, disconect your computer, create it and it's... offline until you reconnect your computer to the web..... It's only semi cold using this method. As I said if your comp has malaware it's just going to record your keystrokes and forward it to the hacker when you reconnect.
HOWEVER this method will stop people that are connect to your comp watching it or just sending live key strokes.
Semi cold is way better than hot.
wait so can i actually go to bitaddress.org disconnect my internet connection then create a wallet turn browser off and i will have a cold wallet?
Correct. Download the webpage and disconnect. But be mindful of the entropy thing.
I do use the character input as well.
wait so can i actually go to bitaddress.org disconnect my internet connection then create a wallet turn browser off and i will have a cold wallet?
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
I think it mostly depends on the amount you intend to keep in a wallet. Web wallets should be considered 'hot', holding just enough for what you need to use daily (check out Coinbase). Mobile wallets are also considered hot (check out Bitcoin Wallet on Android, Breadwallet on iOS or Mycelium). Any considerable amount of coins should be stored in a 'cold' wallet - one without access to the internet (check out Paper Wallets, Hardware Wallets or specialized software like Armory).
Sure it is, run bitaddress.org on an offline computer, encyrpt it, print the thing to PDF, copy the PDF EVERYWHERE.
Bam, offline. As long as you use a good encryption method and a good passphrase. bitaddress.org comes with the ability to encrypt and decrpyt.
HONESTLY, bitcoin-qt offline will work just fine as well. Don't need the blockchain to create private/public keys.
You've neglected to mention that you need to use an adequate amount of entropy when generating addresses, else the fact that your wallet is encrypted doesn't do you any good.
Very true, don't enter 1 a bunch of times lol, the random mouse movements should be pretty darn random lol.
There is no evidence supporting the random mouse movements as providing an "adequate" amount of additional entropy.
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
I think it mostly depends on the amount you intend to keep in a wallet. Web wallets should be considered 'hot', holding just enough for what you need to use daily (check out Coinbase). Mobile wallets are also considered hot (check out Bitcoin Wallet on Android, Breadwallet on iOS or Mycelium). Any considerable amount of coins should be stored in a 'cold' wallet - one without access to the internet (check out Paper Wallets, Hardware Wallets or specialized software like Armory).
Sure it is, run bitaddress.org on an offline computer, encyrpt it, print the thing to PDF, copy the PDF EVERYWHERE.
Bam, offline. As long as you use a good encryption method and a good passphrase. bitaddress.org comes with the ability to encrypt and decrpyt.
HONESTLY, bitcoin-qt offline will work just fine as well. Don't need the blockchain to create private/public keys.
You've neglected to mention that you need to use an adequate amount of entropy when generating addresses, else the fact that your wallet is encrypted doesn't do you any good.
Very true, don't enter 1 a bunch of times lol, the random mouse movements should be pretty darn random lol.
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
I think it mostly depends on the amount you intend to keep in a wallet. Web wallets should be considered 'hot', holding just enough for what you need to use daily (check out Coinbase). Mobile wallets are also considered hot (check out Bitcoin Wallet on Android, Breadwallet on iOS or Mycelium). Any considerable amount of coins should be stored in a 'cold' wallet - one without access to the internet (check out Paper Wallets, Hardware Wallets or specialized software like Armory).
Sure it is, run bitaddress.org on an offline computer, encyrpt it, print the thing to PDF, copy the PDF EVERYWHERE.
Bam, offline. As long as you use a good encryption method and a good passphrase. bitaddress.org comes with the ability to encrypt and decrpyt.
HONESTLY, bitcoin-qt offline will work just fine as well. Don't need the blockchain to create private/public keys.
You've neglected to mention that you need to use an adequate amount of entropy when generating addresses, else the fact that your wallet is encrypted doesn't do you any good.
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
I think it mostly depends on the amount you intend to keep in a wallet. Web wallets should be considered 'hot', holding just enough for what you need to use daily (check out Coinbase). Mobile wallets are also considered hot (check out Bitcoin Wallet on Android, Breadwallet on iOS or Mycelium). Any considerable amount of coins should be stored in a 'cold' wallet - one without access to the internet (check out Paper Wallets, Hardware Wallets or specialized software like Armory).
Sure it is, run bitaddress.org on an offline computer, encyrpt it, print the thing to PDF, copy the PDF EVERYWHERE.
Bam, offline. As long as you use a good encryption method and a good passphrase. bitaddress.org comes with the ability to encrypt and decrpyt.
HONESTLY, bitcoin-qt offline will work just fine as well. Don't need the blockchain to create private/public keys.
If you really want to safe wallet, you need to use paper wallets or hardware one
If you afraid to accidentally lose your paper wallet, put it in safe place that you won't lose it (safes or maybe your own wallet)
Or spend some money to get the hardware one
Good luck keeping your btc safe
If you afraid to accidentally lose your paper wallet, put it in safe place that you won't lose it (safes or maybe your own wallet)
Or spend some money to get the hardware one
Good luck keeping your btc safe
You can use Bitcoin QT, it just needs to be done on an offline harddrive.... so does creating paper wallets...
If you run bitaddress.org on your home computer connected to the web, accept some one else knows your private keys even if it's encrypted. Even if you download the webpage, disconnect the computer, run it and reconnect it, I'd still consider them gone. THe maleware will just forward it after you reconnect.
If you create the wallet on a harddrive that is connected to the internet it is a "hot" wallet. If the harddrive was disconnected from the web and is reconnect it is a "hot" wallet.
IF the harddrive you create the wallet on has never touched the web and WILL NEVER touch the web it is a "cold" wallet.
A "wallet" is really only a string of 52 characters. The idea is to create those characters on a computer that is completely offline and always will be, encrypt those characters and then you can save them all over without fear, if your encyrption is up to par.
IF the harddrive you create the wallet on has never touched the web and WILL NEVER touch the web it is a "cold" wallet.
A "wallet" is really only a string of 52 characters. The idea is to create those characters on a computer that is completely offline and always will be, encrypt those characters and then you can save them all over without fear, if your encyrption is up to par.
I usually use multibit since 1 year without major issue.
For hot and mobile wallet, look into Coinbase. It's wallets are insured against theft and hacking:
They're only insured against hacks at their end. Still great for customers but that's a significant detail. Losing coins through their customers ballsing up is not their lookout.
If you really want to safe wallet, you need to use paper wallets or hardware one
If you afraid to accidentally lose your paper wallet, put it in safe place that you won't lose it (safes or maybe your own wallet)
Or spend some money to get the hardware one
Good luck keeping your btc safe
If you afraid to accidentally lose your paper wallet, put it in safe place that you won't lose it (safes or maybe your own wallet)
Or spend some money to get the hardware one
Good luck keeping your btc safe
also i forgot to mention that im not sure if my pc is free of viruses, is it safe to use multibit or electrum then? cant wallet files get stolen?
If you are unsure on viruses and malware, scan you computer for viruses and malware before you buy any bitcoin. PC security is so important for bitcoin. For hot and mobile wallet, look into Coinbase. It's wallets are insured against theft and hacking:
https://support.coinbase.com/customer/portal/articles/1662379-how-is-coinbase-insured-
For larger amounts, try Electrum and/or paper wallets. Electrum has a neat 13 word seed wallet recovery system.
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Personally I would use Electrum. Been using it for almost a year now and so far I haven't encountered any bugs, not to mention it is very newbie-friendly (at least for me.)
Btw, what kind of "emergency" are we talking about here?
Store multiple copies of wallet.dat and private keys on a machine or a flash drive that isn't connected to the internet. That's my solution to your problem.
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
There are tons of wallets out there. You need to do your research about them and figure out all of the features and what do you need from a wallet. All are pretty good except online wallets.
One thing is sure, make sure or at least give your best that your wallet is virus free, because if you have viruses on your machine, every single wallet can be unsecure if you are hit with the right virus. Only a hardware wallet like Trezor might save you if your computer is infected.
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Personally I would use Electrum. Been using it for almost a year now and so far I haven't encountered any bugs, not to mention it is very newbie-friendly (at least for me.)
Btw, what kind of "emergency" are we talking about here?
also i forgot to mention that im not sure if my pc is free of viruses, is it safe to use multibit or electrum then? cant wallet files get stolen?
Then blockchain.info won't be much or any more secure than those options if you access it with your computer.
You should make sure that your PC is clean then install Electrum yes , because if the hacker have advanced Keylogger in your PC he could get your seed and you get hacked .
also i forgot to mention that im not sure if my pc is free of viruses, is it safe to use multibit or electrum then? cant wallet files get stolen?
Then blockchain.info won't be much or any more secure than those options if you access it with your computer.
Not unless you keep your computer completely and permanently disconnected from the internet if you're not sure it's secure.
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Personally I would use Electrum. Been using it for almost a year now and so far I haven't encountered any bugs, not to mention it is very newbie-friendly (at least for me.)
Btw, what kind of "emergency" are we talking about here?
My vote is for using paper wallets. Only use coinbase for a little spending money, and think about the paper wallets as a savings account.
also i forgot to mention that im not sure if my pc is free of viruses, is it safe to use multibit or electrum then? cant wallet files get stolen?
Then blockchain.info won't be much or any more secure than those options if you access it with your computer.
also i forgot to mention that im not sure if my pc is free of viruses, is it safe to use multibit or electrum then? cant wallet files get stolen?
Then blockchain.info won't be much or any more secure than those options if you access it with your computer.
also i forgot to mention that im not sure if my pc is free of viruses, is it safe to use multibit or electrum then? cant wallet files get stolen?
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
If there is something you could learn on bitcoin then ti's that you should never store your money in an exchange for a long (look happened on MtGox) and online wallets because if they got hacked , you get hacked , if you get hacked your coins are lost for ever and there is no way to restore them .
Multibit HD does that , there is a seed a backup file you could use to get your coins back . I'd suggest Electrum which gives you a seed too , just write the seed on a piece of paper and hide it somewhere . you should be fine
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
I think it mostly depends on the amount you intend to keep in a wallet. Web wallets should be considered 'hot', holding just enough for what you need to use daily (check out Coinbase). Mobile wallets are also considered hot (check out Bitcoin Wallet on Android, Breadwallet on iOS or Mycelium). Any considerable amount of coins should be stored in a 'cold' wallet - one without access to the internet (check out Paper Wallets, Hardware Wallets or specialized software like Armory).
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
I think it mostly depends on the amount you intend to keep in a wallet. Web wallets should be considered 'hot', holding just enough for what you need to use daily (check out Coinbase). Mobile wallets are also considered hot (check out Bitcoin Wallet on Android, Breadwallet on iOS or Mycelium). Any considerable amount of coins should be stored in a 'cold' wallet - one without access to the internet (check out Paper Wallets, Hardware Wallets or specialized software like Armory).
So i recently saw a bug with blockchain.info and im a newbie on bitcoin wallets so i decided to move my wallet from there. I would like to use a wallet that is safe and that can be recovered in case of loosing it or something like that. Any suggestions what should i use?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
Edit: is multibit a good alternative? and if yes how can the wallet be recovered on it in case of an emergency?
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