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Topic: which is the good site to get wallet? - page 3. (Read 4280 times)

sr. member
Activity: 378
Merit: 250
FURring bitcoin up since 1762
August 06, 2014, 04:18:42 PM
#27
is coinbase.com is good site i have heard that site is not working properly...? is there any other site we can get good wallet without any problems......?

Don't get a wallet on some website! It's like putting your Bitcoins in some kind of regular bank! Download a 'real' wallet that stores your Bitcoin on your computer or a paper wallet. If you aren't the only one who's owning the private key to your Bitcoins, you don't really own them at all!
legendary
Activity: 1120
Merit: 1000
August 06, 2014, 04:10:28 PM
#26
good computer wallets:

bitcoin core(bitcoin-qt): the one that makes you wait 1 week o syncronize, and you have to download 20 gb of blockchain

https://bitcoin.org/en/download

multibit: no need to download blockchain or sync

https://multibit.org

bitcoin armory: some nice security stuff

https://bitcoinarmory.com


online wallets:

I use only blockchain.info, coinbase is US based and I don't think it is good.

If you use online wallets, backup your private keys, in case something happens with the site.

full member
Activity: 122
Merit: 100
August 06, 2014, 03:52:26 PM
#25
Hello everyone,

Using Blockchain.info for doing transactions and having some paper wallets for changes and storing coins is a good "strategy"?

Thanks.
newbie
Activity: 24
Merit: 0
August 06, 2014, 02:19:38 PM
#24
If you use online wallet,enable 2fa
newbie
Activity: 30
Merit: 0
August 06, 2014, 06:42:19 AM
#23
blockchain.info is good i started using a week
newbie
Activity: 44
Merit: 0
August 06, 2014, 06:34:03 AM
#22
I'm using blockchain.info wallet, although when I will have bigger amount, I'll switch to cold storage probably.
sr. member
Activity: 518
Merit: 250
August 06, 2014, 06:33:31 AM
#21
Quote
is coinbase.com is good site i have heard that site is not working properly...? is there any other site we can get good wallet without any problems......?

The problem with online wallets is that they can be a scam or attacked. This has happened in the past with some online wallets. If you do go with online wallets I'd suggest using one of the big names.

 I'd recommend using a desktop wallet such as Multibit https://www.multibit.org/ or Electrum  https://electrum.org/ simply because in this case you control the money, they're easy to use.

sr. member
Activity: 294
Merit: 250
August 06, 2014, 06:17:50 AM
#20
My suggestion is u can use blockchain because the trans conform in seconds and peer rate is also good and you can backup  your wallet also
full member
Activity: 126
Merit: 100
August 06, 2014, 01:48:51 AM
#19
Blockchain.info the main wallet btc i have, and i think most of bitcoin user use this wallet
hero member
Activity: 1582
Merit: 759
August 06, 2014, 01:31:29 AM
#18
To
is coinbase.com is good site i have heard that site is not working properly...? is there any other site we can get good wallet without any problems......?

I would highly recommend against using a web wallet due to its inherently insecure nature, but if you have to I'd say go with Blockchain's one - just make sure you add 2FA and have a secure password.

1+

I'd second the tips here.

I'd only say use BlockChain.info to test out Bitcoin. At some point (or when you have enough funds you aren't willing to risk) I would switch over to something like a paper wallet.
legendary
Activity: 1358
Merit: 1001
https://gliph.me/hUF
August 06, 2014, 12:54:14 AM
#17
The risk of keeping your bitcoin address and private keys on paper at home is only slightly less risky than with an online wallet. Paper is more fragile than the internet, although it's certainly more private.

Considering that the oldest piece of paper known dates from AD 256 and the Internet dates back to the 1970s, I doubt your statement.

There's solutions for that "fragility" or "house burns down" scenarios.

M-of-N and BIP38 - worth researching.
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
August 05, 2014, 03:20:27 PM
#16
Bank-like Bitcoin services are familiar to all of us, especially those that are just now joining the Bitcoin movement. I think it's important for these services to exist (perhaps mostly for retailers and transaction heavy users).

The risk of keeping your bitcoin address and private keys on paper at home is only slightly less risky than with an online wallet. Paper is more fragile than the internet, although it's certainly more private.

Anyone have some good ideas on how to innovate on online wallets? The market here clearly has a needed for a better option (with Blockchain arguably considered the best right now).

Use a wallet you download. A program that is the wallet. It generates a key (which has a respective bitcoin address) that's being used to spend the Bitcoins you receive in the bitcoin address of the key. That way only you can tell your Bitcoin where to go.
Bitcoin is trying to liberate people from having to rely on a bank, and still they ask where bitcoin banks are.
sr. member
Activity: 392
Merit: 250
August 05, 2014, 03:18:08 PM
#15
only offline wallet like Multibit, dont trust online wallets
After some experience with blockchain now I am using this Multibit and its working very good for me I will recommend this for you also
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
August 05, 2014, 03:15:32 PM
#14
Coinbase has always worked well for me and if you have a question about their service they are very quick to respond.

I recently asked them about the risk of not providing the private key's for wallets to the account holder and the risk that poses if they should go bankrupt. The answer was quick, honest, and offered to escalate the question if i found the answer to not be sufficient.

I also like Coinbase's user interface...although the mobile app needs some work and they don't tally the value of all wallets, which would be a nice convenience.
full member
Activity: 166
Merit: 100
August 05, 2014, 03:12:04 PM
#13
Coinbase one should be ok as they have to comply with US law.
legendary
Activity: 2296
Merit: 1014
August 05, 2014, 02:43:12 PM
#12
only offline wallet like Multibit, dont trust online wallets
sr. member
Activity: 307
Merit: 250
et rich or die tryi
August 05, 2014, 02:37:14 PM
#11
Blockchain.info and coinbase are both great webwallets.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
August 05, 2014, 02:08:10 PM
#10
The best best is the Bitcoin wallet you download yourself but if your looking for a online wallet I recommend Blockchain.info based on my personal experience with the site.  Their a a few good options and I'd suggest taking the time to decide which is best for you.  You'll get a good idea of the best options from the replies in this thread.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
August 04, 2014, 03:24:58 PM
#9
Check out the info here:

https://bitcoin.org/en/choose-your-wallet

I would start with a full node like "bitcoin core". It takes a lot of memory and space, but offers the highest level of control over your coins. Until you understand bitcoin you may want to avoid any kind of shared wallet. Those online systems are only as good as the website operators. If they are incompetent or criminal minded, your coins could be taken and there is nothing anyone can do to get them back.

Keep it simple.
hero member
Activity: 518
Merit: 500
Trust me!
August 04, 2014, 03:20:55 PM
#8
Use a wallet you download. A program that is the wallet. It generates a key (which has a respective bitcoin address) that's being used to spend the Bitcoins you receive in the bitcoin address of the key. That way only you can tell your Bitcoin where to go.
Bitcoin is trying to liberate people from having to rely on a bank, and still they ask where bitcoin banks are.
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