Which wallet is the best? | Bitcointalksearch.org

neopharma

newbie

Activity: 27

Merit: 0

thank you for all your replies and taking the time to write them.
I have tried out some of the ones you guys suggested and I have to say I really like electrum and I also downloaded bitcoin core and am running a node whenever I can. If you guys want to take some pressure off my electricity bills, all tips are welcome.

For my hotwallet, I will keep using mycelium, but I will use a paper wallet for storing large amounts. Thanks a lot for the info, it's been incredibly useful.
these links contain some very useful info:

http://www.coindesk.com/information/paper-wallet-tutorial/
https://blockchain.info/wallet/paper-tutorial

For those too lazy to read the entire thing (I can relate), here it is broken down into easy steps:

To generate a new bitcoin address, open BitAddress.org in your browser (or LiteAddress.org for litecoin).
BitAddress (but not LiteAddress) will ask you to create some randomness by either randomly typing characters into the form or moving your cursor around.
You will be presented with your public and private keys and their respective QR codes. Do not scan these.
Click the ‘Paper wallet’ tab.
Select the number of addresses to generate.
If you don’t wish to keep the bitcoin artwork, click the ‘Hide art?’ button.
Click the ‘Generate’ button to create new wallets.
Once the wallets are generated, click the ‘Print’ button to make a hard copy.
Your browser will ask you to select the printer you wish to use. In the case of Google Chrome, you may also save the page as a PDF file.
Make a note of the public addresses, or scan the public address QR code in your bitcoin (or litecoin) app and start depositing funds.

Hope this helps Cheesy

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: Endikadija on June 15, 2016, 05:51:21 PM

blockchain.info is the oldest bitcoin wallet and it was the best one till 7-8 months ago when they had a problem with transactions and alot of people didnt got their btc,instead they tooked the half of the btv they have sended. Because of that a lot of people were disapointed and left the blockchain

Best is so subjective though as a wallet is kinda tailored to your needs. A hotwallet with lot's of access cannot really be compared to say a paper wallet. So we cannot say one is best for all applications.

I still think blockchain.info has the most users by all I have seen. It is in no way meant to store lot's of BTC long term. It is a hotwallet and should be treated as such but I think it is still most popular website hot wallet.

Endikadija

hero member

Activity: 1458

Merit: 509

blockchain.info is the oldest bitcoin wallet and it was the best one till 7-8 months ago when they had a problem with transactions and alot of people didnt got their btc,instead they tooked the half of the btv they have sended. Because of that a lot of people were disapointed and left the blockchain

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: Sled on June 14, 2016, 01:44:03 AM

Try to use blockchain.info wallet because for me its more secured than other wallet (for me) and also it has a lot of security features to ensured that your wallet is not easy to hijack or to get hacked.

Yeah i also using blockchain.info wallet and i can say that it's worth it because of the many features.

Sharky444

hero member

Activity: 724

Merit: 500

I recommend the standard Bitcoin wallet, as it gets bug fixes very quickly. Downloading the blockchain takes a very long time, but you can get the blockchain also as a torrent.

laura77

newbie

Activity: 22

Merit: 0

I use blockchain.info I think it was the best. but maybe I have not tried other wallet so I do not know

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Try to use blockchain.info wallet because for me its more secured than other wallet (for me) and also it has a lot of security features to ensured that your wallet is not easy to hijack or to get hacked.

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: Cyaren on June 12, 2016, 12:51:36 AM

Quote from: LegendaryMembership on June 11, 2016, 04:10:28 AM

for me coinbase and xapo is best walllet with zero tranasction fee

Well, yeah. Coinbase and Xapo both got zero transaction fee, but if you told me to choose between the two I would definitely choose coinbase over Xapo, because Coinbase doesn't need mobile authentication just for sending satoshis.

While Xapo does. Complete waste of time.

the mobile authentication is actually a good thing, it is like a secondary lock you put on your safe to keep your valuables more secure (an extra layer of security).

think of it this way, not being lazy now and taking an additional steps means reducing the chance of getting your accout hacked then losing your money and having nothing.

avw1982

hero member

Activity: 644

Merit: 500

Quote from: vero on June 11, 2016, 06:04:41 PM

every bitcoin wallet was the best so i do not think any of them are the best but the best thing is how do you keep your dompet remain safe from hacker.

For that You should hide private keys from others. You should know apart online wallet many other secured wallets are there like Cold storage, Hardware wallet, Paper wallet and etc...
In better security concern choose Coldstorage or paper to avoid hacking from others.

Cyaren

sr. member

Activity: 294

Merit: 250

Quote from: LegendaryMembership on June 11, 2016, 04:10:28 AM

for me coinbase and xapo is best walllet with zero tranasction fee

Well, yeah. Coinbase and Xapo both got zero transaction fee, but if you told me to choose between the two I would definitely choose coinbase over Xapo, because Coinbase doesn't need mobile authentication just for sending satoshis.

While Xapo does. Complete waste of time.

TorPharm

newbie

Activity: 4

Merit: 0

I like electrum, just ensure with any wallet you have secure backups.

vero

hero member

Activity: 518

Merit: 500

every bitcoin wallet was the best so i do not think any of them are the best but the best thing is how do you keep your dompet remain safe from hacker.

universe_

sr. member

Activity: 448

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

for me cold paper wallet is the best, money cant be stolen from it and you dont need any other services

bitkilo

legendary

Activity: 1638

Merit: 1010

https://www.bitcoin.com/

Quote from: LegendaryMembership on June 11, 2016, 04:10:28 AM

for me coinbase and xapo is best walllet with zero tranasction fee

The transaction fees are a small price to pay so you have full control over your bitcoins.
You should not use those type of wallets for more than buying coins and sending the to an offline wallet that only you control the keys to.

LegendaryMembership

member

Activity: 109

Merit: 10

for me coinbase and xapo is best walllet with zero tranasction fee

pooya87

legendary

Activity: 3472

Merit: 10611

a couple of things to remember:
* choose your wallet here : http://bitcoin.org/en/choose-your-wallet based on the platform you are running the wallet or planing on doing.
* always download the wallet from the original website (links can be found in above website) other than that you may end up having a virus as your wallet.
* click on the wallets and read why some lines are green and some are not.
* basically web wallets are the least safe wallets and offline wallets are the most secure.

bitkilo

legendary

Activity: 1638

Merit: 1010

https://www.bitcoin.com/

Quote from: maku on June 10, 2016, 09:44:27 PM

Quote from: bitkilo on June 10, 2016, 05:58:56 AM

Coinbase and wallets like them are ok and good for beginners but i wouldn't say they are better than online wallets, at least with an online wallet like blockchain.info you hold the private keys and that's what bitcoin really is , giving control of your own money back to you only (no 3rd parties)

But just like any online wallet never keep your bitcoins online ever!

No, don't ever suggest Coinbase as good wallet option. Using Coinbase to buy bitcoins, fair enough, you can do it. But don't use it as a wallet.
Coinbase is monitoring all your transactions and will ban you if they notice that you are using BTC to gamble, it is stated in their ToS...

If you read the last line of my post you would see that i strongly recommend never storing btc online, since Coinbase is an online wallet provider i thought it was self explanatory but maybe not as much as i thought.

I use Coinjar where i am and its the same deal, buy my coins and move them offline straight away.

Just about all the wallets providers like Coinbase ect monitor your transactions and will ban/lock your account for gambling. They are legally abliged to do this because of KYC and AML laws.

maku

legendary

Activity: 1288

Merit: 1000

Quote from: bitkilo on June 10, 2016, 05:58:56 AM

Coinbase and wallets like them are ok and good for beginners but i wouldn't say they are better than online wallets, at least with an online wallet like blockchain.info you hold the private keys and that's what bitcoin really is , giving control of your own money back to you only (no 3rd parties)

But just like any online wallet never keep your bitcoins online ever!

No, don't ever suggest Coinbase as good wallet option. Using Coinbase to buy bitcoins, fair enough, you can do it. But don't use it as a wallet.
Coinbase is monitoring all your transactions and will ban you if they notice that you are using BTC to gamble, it is stated in their ToS...

kandizhu

newbie

Activity: 23

Merit: 0

Quote from: DFin2012 on June 10, 2016, 09:25:24 PM

Quote from: hjkkda on June 10, 2016, 08:09:04 PM

Quote from: dfknka on June 10, 2016, 08:03:09 PM

Quote from: priyotosh on June 10, 2016, 08:28:20 AM

blockchain is good for security.

I dont agree as I never used wallet online,just use bitcoin core.

BlockChain as I think blockchain already trusted and proven safety.

Quote from: neopharma on June 09, 2016, 06:21:38 AM

Hey guys!
I'm not completely new, but I still have much to learn.
What is, in your opinion, the best wallet to use?
I currently use mycelium for android and greenaddress for my desktop.
What do you guys use and why is it better in your opinion?

There are several digital wallets available, each one with specific features that allow the users to buy, sell, exchange and stock cryptocurrency. These wallets can be described as a mix between a bank account and an email address, but with so many out there it is definitely useful to do some research before choosing one.

Wondering:never front pocket back pocket only its comfortable at least it is for me and also you wont be a real man if you keep it in your front pocket. I have never had my wallet stolen either and none of my friends have either and they also say its comfortable.

DFin2012

newbie

Activity: 19

Merit: 0

Quote from: hjkkda on June 10, 2016, 08:09:04 PM

Quote from: dfknka on June 10, 2016, 08:03:09 PM

Quote from: priyotosh on June 10, 2016, 08:28:20 AM

blockchain is good for security.

I dont agree as I never used wallet online,just use bitcoin core.

BlockChain as I think blockchain already trusted and proven safety.

Quote from: neopharma on June 09, 2016, 06:21:38 AM

Hey guys!
I'm not completely new, but I still have much to learn.
What is, in your opinion, the best wallet to use?
I currently use mycelium for android and greenaddress for my desktop.
What do you guys use and why is it better in your opinion?

There are several digital wallets available, each one with specific features that allow the users to buy, sell, exchange and stock cryptocurrency. These wallets can be described as a mix between a bank account and an email address, but with so many out there it is definitely useful to do some research before choosing one.

Topic: Which wallet is the best? (Read 2039 times)