Where do you store your bitcoins ? - page 5.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: TTMNewsMJ on November 26, 2015, 06:24:47 AM

I just want to store all my bitcoins in Cold storage.
Is it a trusted one?
I hope it is better than the others.

put your wallet in a usb stick $5 each, buy many of them, than secure them in a safe box or bank or whatever you want

it's the simplest and easiest way, don't waste time with apparently more secure and hard way, because they are not...

Loimu

full member

Activity: 210

Merit: 100

Currently I store most of my bitcoins in Electrum wallet. I do not worry about security too much, because I am very familiar with IT and know how to avoid most viruses, keyloggers and such.. With common sense these regular wallets used with your PC are very secure already.

I am planning to buy Trezor however very soon to keep as more secure cold wallet. When that happens I will use Electrum only as a hot wallet for purchases etc.

TTMNewsMJ

full member

Activity: 126

Merit: 100

I just want to store all my bitcoins in Cold storage.
Is it a trusted one?
I hope it is better than the others.

neochiny

hero member

Activity: 756

Merit: 503

Crypto.games

Quote from: frendsento on November 25, 2015, 12:59:42 PM

Honestly I store my bitcoins online because it is convenient for me and I can access it anywhere ,but I am planning to research more about bitcoin cold wallet and I will moved my bitcoins there because of security purposes

yes storing a small amout of bitcoin online is good, but if youre going to store a big amount of bit it is better to use a offline wallet
the security is far better than the online wallets.

frendsento

sr. member

Activity: 434

Merit: 250

Honestly I store my bitcoins online because it is convenient for me and I can access it anywhere ,but I am planning to research more about bitcoin cold wallet and I will moved my bitcoins there because of security purposes

rivoke

legendary

Activity: 924

Merit: 1006

I'm use multibit and blockchain so I still can back my private key if something bad happen

Quote from: nekochan05 on November 25, 2015, 12:25:41 PM

i store my bitcoin from any job on blockchain.info and bitcoin from any faucet games on xapo
i am also save my private key of my blockchain.info into my USB drive

Just make sure that use offline wallet as well since blockchain is online wallet. And online means that it can be offline or vanish at anytime ! ( Worst scenario )

nekochan05

legendary

Activity: 1274

Merit: 1000

i store my bitcoin from any job on blockchain.info and bitcoin from any faucet games on xapo
i am also save my private key of my blockchain.info into my USB drive

avw1982

hero member

Activity: 644

Merit: 500

Quote from: AncilVTwo on November 21, 2015, 08:51:48 AM

i store majority of my coins around 95% in a paper wallet that i created from bitaddress and the rest on my coinbase wallet.

Same here dude I have Coinbase as well as blockchain.info to save my Bitcoins Coinbase's Purse IO is I feel its one of the best storage wallet due to its two authentication factor security system Our Bitcoins will more safe dude. Even in Blockchain too !!!

TibanneCat

full member

Activity: 210

Merit: 100

BTC > etc

Quote from: ClownSpider on November 21, 2015, 11:26:47 PM

Quote from: TibanneCat on November 21, 2015, 10:38:41 PM

Quote from: ClownSpider on November 21, 2015, 08:50:35 PM

Quote from: BeGoods on November 21, 2015, 07:49:37 PM

I must convert to local currency to buy stuff, i cannot find store accept bitcoin

Use Purse.io to show on amazon with it! =D

or just get a BTC debit card and use it anywhere that accepts cards
much easier than converting to local currency first

By using a debit card they are converting to local first.
By using purse.io for shopping you need not convert, they all do the math for you.
By using purse.io you get discounts 10% and better.

The conversion is done automatically online, you just need to charge your card with btc first
completely different from having to sell your btc for cash in order to use that cash at some local store

I think purse.io is awesome however it is only limited to Amazon as opposed to a debit card which can be used anywhere cards are accepted

Mac Gates15

newbie

Activity: 3

Merit: 0

creating an offline cold storage which is useful for storing bitcoins and using a hardware wallet such as TREZOR

johnsmith1964

newbie

Activity: 31

Merit: 0

I store my bitcoins in many places. Mainly in a paper wallet as well as in the armory wallet

ClownSpider

hero member

Activity: 570

Merit: 504

Quote from: TibanneCat on November 21, 2015, 10:38:41 PM

Quote from: ClownSpider on November 21, 2015, 08:50:35 PM

Quote from: BeGoods on November 21, 2015, 07:49:37 PM

I must convert to local currency to buy stuff, i cannot find store accept bitcoin

Use Purse.io to show on amazon with it! =D

or just get a BTC debit card and use it anywhere that accepts cards
much easier than converting to local currency first

By using a debit card they are converting to local first.
By using purse.io for shopping you need not convert, they all do the math for you.
By using purse.io you get discounts 10% and better.

Blue_Tiger73

member

Activity: 112

Merit: 10

I use a software wallet for holding most of my Bitcoin. I also use a online wallet for day to day use, I make most of my daily transactions on my phone.

TibanneCat

full member

Activity: 210

Merit: 100

BTC > etc

Quote from: ClownSpider on November 21, 2015, 08:50:35 PM

Quote from: BeGoods on November 21, 2015, 07:49:37 PM

I must convert to local currency to buy stuff, i cannot find store accept bitcoin

Use Purse.io to show on amazon with it! =D

or just get a BTC debit card and use it anywhere that accepts cards
much easier than converting to local currency first

ClownSpider

hero member

Activity: 570

Merit: 504

Quote from: BeGoods on November 21, 2015, 07:49:37 PM

I must convert to local currency to buy stuff, i cannot find store accept bitcoin

Use Purse.io to show on amazon with it! =D

BeGoods

legendary

Activity: 1372

Merit: 1008

I must convert to local currency to buy stuff, i cannot find store accept bitcoin

LondonTrader

newbie

Activity: 56

Merit: 0

Hi

I would advise people to use a paper wallet for long term storage as this is the best and safest option.

For actual daily spending it is best to use something like green address or armory wil a good strong password and 2fa

Bye

ClownSpider

hero member

Activity: 570

Merit: 504

Quote from: teddy5145 on November 21, 2015, 02:58:59 PM

Quote from: Pierre 2 on November 21, 2015, 02:48:15 PM

I prefer to use Electrum in general. It is good enough.
I sometimes leave it in exchange sites for speed.

Leaving your coins in the exchange is a bad idea, they might turn into another mt.gox Roll Eyes

I'd rather waste a few minutes of my time but making sure my coin is safe rather than put it into a risk Grin

Quote from: TTMNewsMJ on November 21, 2015, 05:24:57 AM

I am using blockchain.info
It is one of the best storage.

Not really the best, they are prone to malicious hacks Wink

Might want to change it to something else more secure like offline wallets or a better online wallet with a decent security Wink

What hacks has blockchain.info ever fallen victim to?
They have 2 factor authentication, and a solid login.
Not that I endorse online wallets, but I see a lot of false claims about hackers on here.

PAKYU

sr. member

Activity: 400

Merit: 250

I use multibit and several online wallet to store my little bitcoin. Not safe actually stored your coin in online wallet.

teddy5145

hero member

Activity: 714

Merit: 528

Quote from: Pierre 2 on November 21, 2015, 02:48:15 PM

I prefer to use Electrum in general. It is good enough.
I sometimes leave it in exchange sites for speed.

Leaving your coins in the exchange is a bad idea, they might turn into another mt.gox Roll Eyes

I'd rather waste a few minutes of my time but making sure my coin is safe rather than put it into a risk Grin

Quote from: TTMNewsMJ on November 21, 2015, 05:24:57 AM

I am using blockchain.info
It is one of the best storage.

Not really the best, they are prone to malicious hacks Wink

Might want to change it to something else more secure like offline wallets or a better online wallet with a decent security Wink

Topic: Where do you store your bitcoins ? - page 5. (Read 13131 times)