Topic: Where do you store your bitcoins ? - page 8. (Read 13074 times)
i store my bitcoins in desktop wallet and a little in online wallet
Any suggestions on where a person who has already purchased bitcoins through Coinbase / circle should store them? I'm open to any suggestions from members. Thanks
I keep my principal amount in classic Bitcoin Core wallet on a separate, clean laptop. Only the OS and wallet, nothing more ! When I need expenses or to top up my deposits at exchanges I sent the part in my wallet blockchain.info and make payments with it. I think it's safer, but that's just imho ...
I got robbed of 6 btc last year so after wiping my computer I bought a ledger wallet. 100% safe and secure, low cost for peace of mind. I recommend ledger's product to anyone who will listen
Any suggestions on where a person who has already purchased bitcoins through Coinbase / circle should store them? I'm open to any suggestions from members. Thanks
I hold my Bitcoins in few places: Coinbase (but not much - just something like a reserve). My MultiBit desktop wallet (For use on a daily basis). Third place is just my wallet file that i have in 4 places - hard disk, two emails, pendrive and DVD
I feel safe
I think you should not store any relevant amount in any place that isn't a Local wallet. I would trust a Bitcoin Core running a full node in a secured computer as a good way to do long term storage while still being able to easily send and receive coins. Paper wallets are even more secure, but it's annoying if you want to create new coins addresses all the time and manage payments.
I use Bitcoin Core running a full node. That is just used to send and receive a small amount of bitcoin. Most of bitcoins are stored in a USB. The wallet files are encrypted with 7Zip. I just hope NSA does not have backdoor to the 7Zip encryption.
Any suggestions on where a person who has already purchased bitcoins through Coinbase / circle should store them? I'm open to any suggestions from members. Thanks
I hold my Bitcoins in few places: Coinbase (but not much - just something like a reserve). My MultiBit desktop wallet (For use on a daily basis). Third place is just my wallet file that i have in 4 places - hard disk, two emails, pendrive and DVD
I feel safe
I think you should not store any relevant amount in any place that isn't a Local wallet. I would trust a Bitcoin Core running a full node in a secured computer as a good way to do long term storage while still being able to easily send and receive coins. Paper wallets are even more secure, but it's annoying if you want to create new coins addresses all the time and manage payments.
Any suggestions on where a person who has already purchased bitcoins through Coinbase / circle should store them? I'm open to any suggestions from members. Thanks
I hold my Bitcoins in few places: Coinbase (but not much - just something like a reserve). My MultiBit desktop wallet (For use on a daily basis). Third place is just my wallet file that i have in 4 places - hard disk, two emails, pendrive and DVD
I feel safe
im still storing my bitcoin at blockchain from beginning, i've got no problem but some of my friend say that blockchain isn't safe, i would give trezor a try 
probably it's the most secure wallet in bitcoin world
probably it's the most secure wallet in bitcoin worldIt is better not to store bitcoin in online service unless there is multsignature feature. If there is a security flaw in the online system, you might be in trouble.
Having control over our bitcoin must be the good idea.
I believe blockchain.info provides the control over our bitcoin as well as online storing facility. You can keep your bitcoin online at the same time you can have your bitcoin addresse's private keys for taking control of your bitcoins.
Xapo is freaking cool. I love it cause it's so easy to use, no fee and nothing hard.
But let's be clear, if you want to USE your btc, i find xapo extremely simple and good. If you want to keep your btc or invest huge amount, then go for cold storage or paper wallet.
I never keep more than 100$ on Xapo ^^
But let's be clear, if you want to USE your btc, i find xapo extremely simple and good. If you want to keep your btc or invest huge amount, then go for cold storage or paper wallet.
I never keep more than 100$ on Xapo ^^
im still storing my bitcoin at blockchain from beginning, i've got no problem but some of my friend say that blockchain isn't safe, i would give trezor a try probably it's the most secure wallet in bitcoin world
probably it's the most secure wallet in bitcoin worldIt is better not to store bitcoin in online service unless there is multsignature feature. If there is a security flaw in the online system, you might be in trouble.
But with an online wallets you need not worry of securing your private keys like disconnecting from internet for a cold storage and connecting again for spending which are more complicated for beginners. All the above with an online wallet you can access your bitcoins anywhere in the world, you never need to carry them.
Even online wallets having many advantages, I do go for software/desktop wallets with the cold storage for long-term storing of my bitcoins.
As you mentioned, cold storage is not that much complicated process for beginners too. Lots of guides are available how to make cold storage to secure our bitcoins.
im still storing my bitcoin at blockchain from beginning, i've got no problem but some of my friend say that blockchain isn't safe, i would give trezor a try probably it's the most secure wallet in bitcoin world
probably it's the most secure wallet in bitcoin worldIt is better not to store bitcoin in online service unless there is multsignature feature. If there is a security flaw in the online system, you might be in trouble.
But with an online wallets you need not worry of securing your private keys like disconnecting from internet for a cold storage and connecting again for spending which are more complicated for beginners. All the above with an online wallet you can access your bitcoins anywhere in the world, you never need to carry them.
im still storing my bitcoin at blockchain from beginning, i've got no problem but some of my friend say that blockchain isn't safe, i would give trezor a try probably it's the most secure wallet in bitcoin world
probably it's the most secure wallet in bitcoin worldIt is better not to store bitcoin in online service unless there is multsignature feature. If there is a security flaw in the online system, you might be in trouble.
For me i stored my bitcoins in one vault with 2 factory authentication google authentic , sms authentication and 2 email authentication in coinbase... Its much safe for me than the others..because you have 2 days before your withdrawal will be successful so you have a time to cancel it. but first you need to extra wallet for emergency or spending wallet...
blockchain,multibit,greenadress are the most comfortable ways to store my bitcoins for today !!!
These are the online service. It is not very secure. There are many examples that people lose bitcoins on these sites. The safest way is to store the coins yourself.
blockchain,multibit,greenadress are the most comfortable ways to store my bitcoins for today !!!
im still storing my bitcoin at blockchain from beginning, i've got no problem but some of my friend say that blockchain isn't safe, i would give trezor a try probably it's the most secure wallet in bitcoin world
Your friend was right, blockchain isn't safe at all probably it's the most secure wallet in bitcoin worldBased upon my experiences in the past.
I have different 2 address at blockchain at that time
And both of them got hacked even with 2FA enabled
And im still wondering how did the hacker managed to bypass the 2FA
Bitcoins is the digital currency of the world. As you know even a real currency also needs a wallet to be stored so as digital currency.
There are many apps to store digital currency like xapo, mycelium, bitcoin wallet etc. which will help us to store our bitcoin encripted on a android device..and electrum,bitcoin core wallets are works the same way for a computer
Dont worry about the privacy as this apps are really secured. So if you have btc and want to store it you can use this wallets.
There are many apps to store digital currency like xapo, mycelium, bitcoin wallet etc. which will help us to store our bitcoin encripted on a android device..and electrum,bitcoin core wallets are works the same way for a computer
Dont worry about the privacy as this apps are really secured. So if you have btc and want to store it you can use this wallets.
I preferred desktop wallet but unfortunately I don't have desktop computer. Only have laptop but I don't want to install any important application there because it's for another purposes.
Right now Im using Mycelium Android Wallet.
Right now Im using Mycelium Android Wallet.
You can actually get "electrum portable"... You can even store it on an usb-key...
What are portable lacking with the one with the full client?
Yes I preferred that storage in usb but Im not storing coins too long in my wallet because I want to rotate it. Putting it in a offline storage will give me hassle sending and receiving coins.
It's basically the same program, it's just portable (you can put it on a usb-key). It's not installed, and can be ran straight from the key... You do need a laptop or desktop to plug the key into, so it's not offline storage. You have access to your wallet whenever you have access to any pc (be carefull for virusses and keyloggers when using untrusted PC's/laptops tough)
Thanks for the information. Still confused because I didn't experienced it yet. Well google sure will help. I will look into it to check. Thanks again.
im still storing my bitcoin at blockchain from beginning, i've got no problem but some of my friend say that blockchain isn't safe, i would give trezor a try probably it's the most secure wallet in bitcoin world
probably it's the most secure wallet in bitcoin worldIt is better not to store bitcoin in online service unless there is multsignature feature. If there is a security flaw in the online system, you might be in trouble.
I preferred desktop wallet but unfortunately I don't have desktop computer. Only have laptop but I don't want to install any important application there because it's for another purposes.
Right now Im using Mycelium Android Wallet.
Right now Im using Mycelium Android Wallet.
You can actually get "electrum portable"... You can even store it on an usb-key...
What are portable lacking with the one with the full client?
Yes I preferred that storage in usb but Im not storing coins too long in my wallet because I want to rotate it. Putting it in a offline storage will give me hassle sending and receiving coins.
It's basically the same program, it's just portable (you can put it on a usb-key). It's not installed, and can be ran straight from the key... You do need a laptop or desktop to plug the key into, so it's not offline storage. You have access to your wallet whenever you have access to any pc (be carefull for virusses and keyloggers when using untrusted PC's/laptops tough)
I preferred desktop wallet but unfortunately I don't have desktop computer. Only have laptop but I don't want to install any important application there because it's for another purposes.
Right now Im using Mycelium Android Wallet.
Right now Im using Mycelium Android Wallet.
You can actually get "electrum portable"... You can even store it on an usb-key...
What are portable lacking with the one with the full client?
Yes I preferred that storage in usb but Im not storing coins too long in my wallet because I want to rotate it. Putting it in a offline storage will give me hassle sending and receiving coins.
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