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Topic: When did Xapo turn to sh*t? - page 2. (Read 1054 times)

sr. member
Activity: 686
Merit: 250
June 21, 2017, 07:22:43 AM
#10
IMO XAPO turned into a joke when they started. Then a big joke with the unbelieveble fees. and now even a bigger joke as they strugle to be serious.

DISCLAIMER: not a fan of XAPO wallet.
hero member
Activity: 910
Merit: 511
June 16, 2017, 06:16:55 AM
#9
it probably has been said a million times:
with bitcoin if you don't control the private keys you don't control the funds.

and you need to contact support and see what has happened. Smiley
these are just third party new services that are bound to have bugs and problems like this.

I agree with Herbert!!!
online wallet and Exchange addresses are really risy!!!
if you have bitcoin debit card and Exchange accounts, remember: Leave there just the minimum balance you need.
The other funds need to stay where you can control the private jkeys...
legendary
Activity: 3514
Merit: 1280
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June 16, 2017, 04:14:39 AM
#8
What happened to Xapo?

It's been a few years since i've been into the wallet I have there and now they have no record of my wallet or account. What shit!? Fortunately I only had dust in there, but it's still a shitty move on their part.

On top of that, in the process of remobilizing their mobile app they require I take a selfie for "added security".

When did this wallet turn into a joke?

Xapo was never great, but hey, it was for free.
Now it's even worse because there are more and more regulations that force everybody that works with money to get your identity.
And since it's not for free either ... yeah, not appealing anymore.

As people said, get a local wallet, keep your seed/private keys safe and your life will become easier.

Local wallets may also be a pain in the ass

Indeed, it is assumed that you store your keys encrypted in some safe place (say, printed on paper as well as in your cloud storage), but if you use Windows you can never be sure that your coins won't get stolen by some malicious code. If you use Linux, you may be safe system wise (provided you know what you are doing), but you are still vulnerable to downloading some tainted code (or wallet itself) from the network and thus compromising the security of your coins as well. Cold storage seems to be a viable solution (in respect to security), but it is an even greater pain in the ass on its own. Obviously, I refer to ordinary users here, like your average Joe and Jill
legendary
Activity: 3668
Merit: 6382
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June 16, 2017, 04:07:34 AM
#7
What happened to Xapo?

It's been a few years since i've been into the wallet I have there and now they have no record of my wallet or account. What shit!? Fortunately I only had dust in there, but it's still a shitty move on their part.

On top of that, in the process of remobilizing their mobile app they require I take a selfie for "added security".

When did this wallet turn into a joke?

Xapo was never great, but hey, it was for free.
Now it's even worse because there are more and more regulations that force everybody that works with money to get your identity.
And since it's not for free either ... yeah, not appealing anymore.

As people said, get a local wallet, keep your seed/private keys safe and your life will become easier.
legendary
Activity: 3290
Merit: 1901
Shuffle.com
June 16, 2017, 04:05:39 AM
#6
What happened to Xapo?

It's been a few years since i've been into the wallet I have there and now they have no record of my wallet or account. What shit!? Fortunately I only had dust in there, but it's still a shitty move on their part.

On top of that, in the process of remobilizing their mobile app they require I take a selfie for "added security".

When did this wallet turn into a joke?
Maybe you just forgot your account info, my old account that I mainly use for faucets is still accesible but I lost the phone that had the authenticator. Why do you even want to go back and use xapo? There are much better bitcoin wallets to choose from other than xapo.
full member
Activity: 224
Merit: 100
June 16, 2017, 04:03:16 AM
#5
Many old wallet are now disappointing me. But Electrum is still the safest.
legendary
Activity: 2912
Merit: 3603
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June 16, 2017, 03:15:44 AM
#4
No matter how big the service, how popular or how long they've been in use, the only way to ensure you always decide what happens to your coins is if you control them. Good advice from OmegaStarScream. Use Electrum or Jaxx. If you REALLY just want something you can always access on the web, use counterwallet.
staff
Activity: 3500
Merit: 6152
June 16, 2017, 02:38:04 AM
#3
This is valid for Coinbase and other services as well, simply don't store your funds there anymore (take Electrum instead) and If you don't have a decent amount, I wouldn't recommend giving your identity in exchange for the funds stored there.
legendary
Activity: 1946
Merit: 1137
June 16, 2017, 02:34:15 AM
#2
it probably has been said a million times:
with bitcoin if you don't control the private keys you don't control the funds.

and you need to contact support and see what has happened. Smiley
these are just third party new services that are bound to have bugs and problems like this.
hero member
Activity: 1106
Merit: 637
June 16, 2017, 02:03:07 AM
#1
What happened to Xapo?

It's been a few years since i've been into the wallet I have there and now they have no record of my wallet or account. What shit!? Fortunately I only had dust in there, but it's still a shitty move on their part.

On top of that, in the process of remobilizing their mobile app they require I take a selfie for "added security".

When did this wallet turn into a joke?
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