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Topic: What wallets do you use and why? - page 31. (Read 34733 times)

legendary
Activity: 980
Merit: 1000
Don't Hesitate to Tip me for My Helps and Guides.
April 22, 2016, 11:43:51 PM
I am using blockchain.info and electrum for sending and receiving bitcoins. and xapo for storing bitcoins. xapo have a great feature as vault. where we can store bitcoins for long term.
newbie
Activity: 31
Merit: 0
April 22, 2016, 11:42:27 PM
I am using blockchain.info wallet. I can use it at anywhere. Since the upgrade, it is more user friendly.
legendary
Activity: 3472
Merit: 10611
April 22, 2016, 10:39:05 PM
I am using coins ph and blockchain info,
If i have so many money i keep it with blockchain.
And If i claiming in faucet i keep it in coins ph because in that wallet theres no transaction fee.

It is good to use web wallets because it is accessible anywhere and fast but it is not secure.

I am not sure how you define "so many", but it would be good to move them into a more secure wallet once you have more than a Bitcoin. The reason being is that web wallet are easily hack able. I'd suggest you to check out MultiBit and Electrum for desktop based wallet.

a web wallet or even Electrum, Multibit,... that are connected to internet is what i call hot wallets. so you should only keep what you want to spend on them. so the "amount" would depend on the person and their expenses, and may differ from one person to another.
legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
April 22, 2016, 10:22:58 PM
I am using coins ph and blockchain info,
If i have so many money i keep it with blockchain.
And If i claiming in faucet i keep it in coins ph because in that wallet theres no transaction fee.

It is good to use web wallets because it is accessible anywhere and fast but it is not secure.

I am not sure how you define "so many", but it would be good to move them into a more secure wallet once you have more than a Bitcoin. The reason being is that web wallet are easily hack able. I'd suggest you to check out MultiBit and Electrum for desktop based wallet.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
April 22, 2016, 10:07:00 PM
I am using coins ph and blockchain info,
If i have so many money i keep it with blockchain.
And If i claiming in faucet i keep it in coins ph because in that wallet theres no transaction fee.
hero member
Activity: 504
Merit: 500
April 22, 2016, 08:26:13 PM
I am using electrum and blockchain.info wallet. electrum is for my computer and very easy to use. It will automatically calculate the fees and include sufficient address for me to use.
yeah for desktop computer or wallet would be great to use electrum and same here
but if you have frequent transactions. better use blockchain its flexibvle
hero member
Activity: 966
Merit: 500
April 22, 2016, 08:18:24 PM
I am using electrum and blockchain.info wallet. electrum is for my computer and very easy to use. It will automatically calculate the fees and include sufficient address for me to use.
full member
Activity: 152
Merit: 100
April 22, 2016, 08:06:56 PM
I use electrum, and I like it very much. It lets me import every address I want to use.

That way I can assure every address I use is random and secure enough to store my coins.

When I need to spend some bitcoin, I pay the merchant and move all the bitcoins to a new random address to minimize the risk of getting them stolen.

It seems complicated, but electrum makes it very easy to keep my bitcoins organized.

Just make sure you back up when needed. I do it every time I make significant changes, such as adding a new address.
sr. member
Activity: 2030
Merit: 323
January 17, 2016, 09:24:52 AM
Blockchain.info must be great for me.
My friend has recommended to use it, I'm convenient with it for receiving bitcoins and I have strong password to secure my bitcoins.
sr. member
Activity: 714
Merit: 250
January 17, 2016, 09:19:38 AM
I'm using coinbase,and i just have one wallet,its enough for me,i choose coinbase because it have low fee i think, and fast transaction, it not need confirmation too much,and also more friendly if i opened from smartphone,esspecialy android.
Hey are you there already payout and when did you last payout?
I've had a lot of balance there, but I can not payout because the server is being repaired and had to wait I do not know how interesting my bitcoin is there. Since then I never wear coinbase
newbie
Activity: 20
Merit: 0
January 17, 2016, 06:14:52 AM
bitcoin-qt all the way.
super strong password. regular multiple redundant backups of wallet to a variety of media.
I don't trust any kind of online wallet. Even if the business itself is sound and ethical you never know what kind of regulatory framework could be imposed on it overnight. Just look at what's happening in Russia atm!
legendary
Activity: 2632
Merit: 1023
January 17, 2016, 04:43:12 AM
I dont use wallets so much as get private keys. So i would not use a wallet unless I can create in on my own machine and dump my private keys.


I used py.wallet to dump my private keys.

also I test the private key ie import it to a local vm fresh wallet, so ensure that it works. Then I use that address.

The problem with any online wallet, they control the back end, so they can trap you even if they dont hold the private keys.

Eg substitute the sending address you put in for the one they want and you would not know.

You would have to get you private key and plug it into electrum of BTCqt. etc.

This was in fact done by one online wallet some time ago.

It makes it vulnerable to a court order of seizure as they court could direct this be done without warning and silently.
legendary
Activity: 1372
Merit: 1008
January 17, 2016, 04:38:08 AM
I am very happy with multibit and xapo, but i am waiting nervously the new smouraiwallet to end the alpha stage, it is gonna be a revolutionary step forward for Bitcoin

But for me, I like blockchain wallet to store my bitcoin. I am sure that many online wallet other but . Blockchain is easier for me
I haven't used xapo, I heard no transaction costs in xapo wallet, is that true ?
but I think the best is a desktop wallet
sr. member
Activity: 714
Merit: 250
January 17, 2016, 12:24:55 AM
Hey I want to ask you something,
In the wallet address what is the cost of the transaction? Does each address different or the same wallet?
hero member
Activity: 658
Merit: 500
January 16, 2016, 11:16:24 PM
is it possible someday we can access and use bitcoin wallet without internet connection?
right now im use electrum

sr. member
Activity: 856
Merit: 250
January 16, 2016, 08:02:57 PM
Paper wallet.
hero member
Activity: 532
Merit: 500
January 16, 2016, 07:58:50 PM
At the moment i use a blockchain wallet, Its simple to use and i like they implement watch only address feature.
although the site is very well known and widely used by many people, but it is possible, could be a scam like mt GOX
I think a third party is not good
hero member
Activity: 672
Merit: 500
January 16, 2016, 05:51:09 PM
I am very happy with multibit and xapo, but i am waiting nervously the new smouraiwallet to end the alpha stage, it is gonna be a revolutionary step forward for Bitcoin

But for me, I like blockchain wallet to store my bitcoin. I am sure that many online wallet other but . Blockchain is easier for me
legendary
Activity: 966
Merit: 1000
December 20, 2015, 07:49:08 PM
I am very happy with multibit and xapo, but i am waiting nervously the new smouraiwallet to end the alpha stage, it is gonna be a revolutionary step forward for Bitcoin
legendary
Activity: 1382
Merit: 1122
December 20, 2015, 06:48:01 PM
--
What do I NEVER use? Blockchain.info.

Why? It was the first wallet I ever used and all of my coins were stolen within 24h after purchasing $20 worth of Bitcoins at the time. Don't ever use a wallet that stores your private keys online for you. You WILL lose your coins. It's just a matter of 'when'.


Sorry for your bad experience with blockchain but how could your btc be stolen from your account ! No one knows the identifier except you.
Maybe you had some defected programs or Trojan viruses that stole your data

You'd think so, but no. I had coins in 2 other wallets which weren't compromised and the virus scan came up with nothing. Just avoid it. Look up the hundreds of people it's happened to. Why would you ever trust someone else with your private key? Just go use fiat and give out your debit card pin to everyone in the hopes no one gets their hands on it.
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