Topic: Which Wallet should be suggested to a newbie? (Read 4234 times)
Bitcoin Armory for long storage. For day to day use, Multibit or Electrum are perfectly fine and easy to use. Using web-based wallets like blockchain.info might not always be a good idea, it's better to be the only one who has the actual private key to your coins!
Electrum and MultiBit are rather easy to use, if you're on Windows, Linux, or OS X. I like both of them quite a lot. I think the regular BitcoinQT client is too heavy, has to download the whole blockchain and looks very dull or even poorly made. Of course this doesn't say anything about the core of Bitcoin, but it's just a bad impression on people new to it.
Every wallet have its pros and cons but some are more suited to newbies and others to experienced users.
I would recommen online wallets to the less tech savvy ones and the offline wallets to people who know how to secure their computers.
I would recommen online wallets to the less tech savvy ones and the offline wallets to people who know how to secure their computers.
Electrum is more secure than any online wallets if you don't use cracked softwares.
I find blockchain.info to be easiest for newbies before they learn to secure their computers from malware thus being able to use installable wallets like multibit
yes I think so , my first wallet it's blockchain, and really easy for newbie
Yah, fast and easy.
I find blockchain.info to be easiest for newbies before they learn to secure their computers from malware thus being able to use installable wallets like multibit
yes I think so , my first wallet it's blockchain, and really easy for newbie
bitcoin-qt is pretty easy to use.
Also it has all you need.
Also it has all you need.
I find blockchain.info to be easiest for newbies before they learn to secure their computers from malware thus being able to use installable wallets like multibit
These two are suitable for newbies
blockchain.info
bitcoin-qt
blockchain.info
bitcoin-qt
Blockchain.info all the way, it's an online wallet though.
Blockchain.info is easy for the newbie to use.
I'm a newbie and that's what I use.
The support is good too if you fuck something up,like I did.
(thank you Mandrik)
I'm a newbie and that's what I use.
The support is good too if you fuck something up,like I did.
(thank you Mandrik)
Sure go for Electrum, but not bitcoin qt! Also I think that newbies don't need cold storage and if they have big amounts invested in bitcoin they can surely take the time to learn about the whole process or at least have someone teach them how to do it.
I think this is something that is very dangerous for a newbie to try to do. Especially when it is not in a not public environment (via PM or at your house for example) as no one will be able to look at the advice being given and can say the advice is good/bad. I would personally almost assume that someone giving advice in private is going to tell a newbie to do something that would make it easy for the person giving advice to easily steal the bitcoin being put in cold storage. You didn't get it. Having someone teach you how to setup a cold wallet isn't the equivalent of actually using those wallets. It means that the newbie can learn and he can do it by himself at home. If you are recommending an wallet, you can also tell him to protect his future private keys/wallet like real money. Once the newbies knows all the process of setting up a cold wallet he can do it for an infinite times.
I agree. Even if you start off with an online wallet like Coinbase or Circle, you should still be learning the ins and outs of cold storage and managing your own private keys. Even if you dont have that much invested, you still are just as likely to have the stolen. Additionally, what is worth very little now, could be worth a lot more in the future.
Sure go for Electrum, but not bitcoin qt! Also I think that newbies don't need cold storage and if they have big amounts invested in bitcoin they can surely take the time to learn about the whole process or at least have someone teach them how to do it.
I think this is something that is very dangerous for a newbie to try to do. Especially when it is not in a not public environment (via PM or at your house for example) as no one will be able to look at the advice being given and can say the advice is good/bad. I would personally almost assume that someone giving advice in private is going to tell a newbie to do something that would make it easy for the person giving advice to easily steal the bitcoin being put in cold storage. You didn't get it. Having someone teach you how to setup a cold wallet isn't the equivalent of actually using those wallets. It means that the newbie can learn and he can do it by himself at home. If you are recommending an wallet, you can also tell him to protect his future private keys/wallet like real money. Once the newbies knows all the process of setting up a cold wallet he can do it for an infinite times.
For iOS, breadwallet.
Strongly agree. And I say that as someone who has played around with all of the available iOS wallets. Deterministic plus beautiful and incredibly easy to use interface.
Does breadwallet have an address book?
Address books sort of encourage address reuse don't they? I'll be adding support for stealth addresses in future. There needs to be something along those lines to meet the fixed address use case in a way that doesn't actually re-use bitcoin addresses.
Sure go for Electrum, but not bitcoin qt! Also I think that newbies don't need cold storage and if they have big amounts invested in bitcoin they can surely take the time to learn about the whole process or at least have someone teach them how to do it.
I think this is something that is very dangerous for a newbie to try to do. Especially when it is not in a not public environment (via PM or at your house for example) as no one will be able to look at the advice being given and can say the advice is good/bad. I would personally almost assume that someone giving advice in private is going to tell a newbie to do something that would make it easy for the person giving advice to easily steal the bitcoin being put in cold storage. You didn't get it. Having someone teach you how to setup a cold wallet isn't the equivalent of actually using those wallets. It means that the newbie can learn and he can do it by himself at home. If you are recommending an wallet, you can also tell him to protect his future private keys/wallet like real money. Once the newbies knows all the process of setting up a cold wallet he can do it for an infinite times.
Blockchain.info as a online wallet because it's one of the most secure and has 2FA, and I would recommend Electrum as an offline wallet.
well i think more people (including myself) use online wallet & it is Blockchain.info 
Don't use a site that doesn't give you full control of the private keys (e.g. Coinbase and any of the exchanges and ecash.io).
There I fixed it.
But what are the chance of coinbase.com going haywire
Who knows?
Sure, Coinbase looks huge an seems it could be trusted now, but so was Mtgox before disclosing the hack and bitcoin loss.
Don't use a site that doesn't give you full control of the private keys (e.g. Coinbase and any of the exchanges and ecash.io).
I saw a new one or maybe an old one, its called ecash.io. Any review/report on this? But what are the chance of coinbase.com going haywire?
Considering the history of Bitcoin-based businesses -- it is a certainty.
Considering that Coinbase is a start-up and probably still requires investor funding to stay afloat -- it is likely.
Considering an optimistic (but realistic) outlook -- it is still very possible.
Don't use a site that doesn't give you full control of the private keys (e.g. Coinbase and any of the exchanges and ecash.io).
There I fixed it.
But what are the chance of coinbase.com going haywire
Who knows?
Sure, Coinbase looks huge an seems it could be trusted now, but so was Mtgox before disclosing the hack and bitcoin loss.
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