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Topic: Would you buy a hardware wallet? (Read 24647 times)

sr. member
Activity: 364
Merit: 250
October 09, 2016, 10:25:25 AM
Hardware can be dead anytime
i think software wallet is best because you can  make backup to save ur coin

thanks
legendary
Activity: 1302
Merit: 1018
Cashback 15%
October 09, 2016, 09:31:29 AM
I always do trust the online wallet that i am using right now and i feel very comfortable using it so i see no point of buying a hardware wallet aside from spending more money i feel that it would be more hassle instead.


Please don't trust online wallet buddy. I have lost some btc in the online. After I have started using desktop wallet only for my transactions. Please check bitcoincore or electrum wallet to have multiple wallet address combine together in one.

You can't blame me sir because as far as i know the wallet that i am using is currently registered into their local barangays so they really must be following rules and aside from that they are verifying its users identity to prevent receiving money from frauds.

These rules of online wallets are only for the users holding the account and in case you receive money from a fraudster, they keep your account on hold and not the fraudster's account. It's better to use more than 2-3 online wallets to be on a safe side and if you are using coinbase/xapo, it's recommended to accept money from users whom you know else in doubt, use blockchain.

That's the reason people trust hardware wallets as your safety is in your hands.

yes sir of course i do used blockchain but that was before when i saw that this wallet is really making a name on the philippines i started to used it and i was amazed on their service that made me to trust them, they can answer your cashout problems quickly and you can call them also for further questions then i've also researched their background and they were registered on the best business place in the philippines.

I think you were referring to coins.ph web wallet , right? I do agree with their  services which is  very good for me hence they always  up to date and   their  support are also good and  regarding with other problems  you could easily contact them and they reply right away but still i wont  trust  to put huge amounts  because   as  ive heard  recently about  locking  of  wallet due to  anonymous transaction which is  somehow risky. For now  im not using  hardware  wallets  because  i dont have enough bitcoin to store.
hero member
Activity: 1246
Merit: 588
October 09, 2016, 09:13:28 AM
I always do trust the online wallet that i am using right now and i feel very comfortable using it so i see no point of buying a hardware wallet aside from spending more money i feel that it would be more hassle instead.


Please don't trust online wallet buddy. I have lost some btc in the online. After I have started using desktop wallet only for my transactions. Please check bitcoincore or electrum wallet to have multiple wallet address combine together in one.

You can't blame me sir because as far as i know the wallet that i am using is currently registered into their local barangays so they really must be following rules and aside from that they are verifying its users identity to prevent receiving money from frauds.

These rules of online wallets are only for the users holding the account and in case you receive money from a fraudster, they keep your account on hold and not the fraudster's account. It's better to use more than 2-3 online wallets to be on a safe side and if you are using coinbase/xapo, it's recommended to accept money from users whom you know else in doubt, use blockchain.

That's the reason people trust hardware wallets as your safety is in your hands.

yes sir of course i do used blockchain but that was before when i saw that this wallet is really making a name on the philippines i started to used it and i was amazed on their service that made me to trust them, they can answer your cashout problems quickly and you can call them also for further questions then i've also researched their background and they were registered on the best business place in the philippines.
legendary
Activity: 2632
Merit: 1094
October 09, 2016, 08:59:29 AM
I always do trust the online wallet that i am using right now and i feel very comfortable using it so i see no point of buying a hardware wallet aside from spending more money i feel that it would be more hassle instead.


Please don't trust online wallet buddy. I have lost some btc in the online. After I have started using desktop wallet only for my transactions. Please check bitcoincore or electrum wallet to have multiple wallet address combine together in one.

You can't blame me sir because as far as i know the wallet that i am using is currently registered into their local barangays so they really must be following rules and aside from that they are verifying its users identity to prevent receiving money from frauds.

These rules of online wallets are only for the users holding the account and in case you receive money from a fraudster, they keep your account on hold and not the fraudster's account. It's better to use more than 2-3 online wallets to be on a safe side and if you are using coinbase/xapo, it's recommended to accept money from users whom you know else in doubt, use blockchain.

That's the reason people trust hardware wallets as your safety is in your hands.
hero member
Activity: 1246
Merit: 588
October 09, 2016, 08:45:03 AM
I always do trust the online wallet that i am using right now and i feel very comfortable using it so i see no point of buying a hardware wallet aside from spending more money i feel that it would be more hassle instead.


Please don't trust online wallet buddy. I have lost some btc in the online. After I have started using desktop wallet only for my transactions. Please check bitcoincore or electrum wallet to have multiple wallet address combine together in one.

You can't blame me sir because as far as i know the wallet that i am using is currently registered into their local barangays so they really must be following rules and aside from that they are verifying its users identity to prevent receiving money from frauds.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
October 09, 2016, 06:42:38 AM
Hardware wallets are safer way to store and have a check and balance of your bitcoins. If i can afford it i will definitely buy it, to keep the market alive of hardware wallets the makers should ensure that maximum users can afford it.

If you have  lots  of bitcoin to store  then  buying hardware wallets  would  not   be a  problem to you hence it wouldnt  cost you alot  with  it  as  long you are   ensuring  the security  of  your bitcoin. These  wallets are made  for  bitcoin users would tend  to use on storing  huge amounts because  web wallets are not advisable .
copper member
Activity: 1050
Merit: 294
October 08, 2016, 06:34:45 PM
Hardware wallets are safer way to store and have a check and balance of your bitcoins. If i can afford it i will definitely buy it, to keep the market alive of hardware wallets the makers should ensure that maximum users can afford it.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
October 08, 2016, 04:54:44 PM
maybe i will buy a hardware wallet if i have medium amount in btc like for example 5-10 btc so i will hold it in hardware wallet. but if i only have bitcoin in under 5-10 bitcoin, i think i will hold it in blockchain and i think its safe and secure.
Spending  $99 usd on a Trezor or less than half on a Ledger wallet to secure between  $3000 & $6000 + seems like an easy choice to me
sr. member
Activity: 448
Merit: 250
October 08, 2016, 01:29:19 PM
maybe i will buy a hardware wallet if i have medium amount in btc like for example 5-10 btc so i will hold it in hardware wallet. but if i only have bitcoin in under 5-10 bitcoin, i think i will hold it in blockchain and i think its safe and secure.

I have a hardware wallet and I can really say it is teh best thing to have. I f you hold at least 2 bitcoin i have to say that you must buy a hardware wallet so you can go to bed easilty.
Because storing your coins on just your pc is quite dangerous.
hero member
Activity: 1610
Merit: 507
October 08, 2016, 09:34:08 AM
maybe i will buy a hardware wallet if i have medium amount in btc like for example 5-10 btc so i will hold it in hardware wallet. but if i only have bitcoin in under 5-10 bitcoin, i think i will hold it in blockchain and i think its safe and secure.
legendary
Activity: 2982
Merit: 4193
October 08, 2016, 09:29:32 AM
Hardware wallets are indeed nice to have and they do have a high security from what I can see. However, hardware wallets can go for up to $90. In my opinion, paper wallets that are generated on an air gapped freshly wiped computer would suffice. If you have more funds, buy a raspberry pi, install linux and Electrum on it. You can easily use it as an offline device to sign the transaction.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
October 08, 2016, 09:23:35 AM
An hardware wallet probably would cost more than the amount of bitcoins i have in my wallet, so it is not for me. It is not for average users neither. They are mostly for rich people who have lots of lots of coins. Hell even they don't need em, just write down your private keys. It is the best hardware wallet.

they cost very few btc, some of them cost only 0.1,  trezor was recently dumped in price also, so you can buy it with something more, it is the only one worth it i think
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
October 08, 2016, 08:48:35 AM
I always do trust the online wallet that i am using right now and i feel very comfortable using it so i see no point of buying a hardware wallet aside from spending more money i feel that it would be more hassle instead.


Please don't trust online wallet buddy. I have lost some btc in the online. After I have started using desktop wallet only for my transactions. Please check bitcoincore or electrum wallet to have multiple wallet address combine together in one.
Thank you finally someone else here with a little common sense.
Online wallets are not a safe option, they are a users friendly and easy option but what's easy isn't always safe.

If you need to use an online wallet to purchase coins then you should get into the habit of moving those coins to an address that you control the private keys to, or better still move them to a hardware wallet.
sr. member
Activity: 462
Merit: 250
October 08, 2016, 08:34:04 AM
I always do trust the online wallet that i am using right now and i feel very comfortable using it so i see no point of buying a hardware wallet aside from spending more money i feel that it would be more hassle instead.


Please don't trust online wallet buddy. I have lost some btc in the online. After I have started using desktop wallet only for my transactions. Please check bitcoincore or electrum wallet to have multiple wallet address combine together in one.
hero member
Activity: 756
Merit: 500
October 08, 2016, 08:29:05 AM
No I would honestly not buy an hardware wallet because I think that a hardware wallet is not worth it and its also that with an hardware wallet you are not always secure that the security is good.

I also think that due to the lack of security it has its not worth investing in a hardware wallet, I rather prefer a paper wallet or a cold storage they are in my eyes much safer and for me also better to use for my amount of bitcoins.
Can you please elaborate on what lack of security you are talking about and with what hardware wallet because i don't know of any myself.

Or are you just posting bullshit for your sig payment?
Stop posting what you know nothing about!
Same here  i really dont understand  on  what hes trying to say  regarding  on the   security  of hardware wallets and   regarding with it, having  hardware wallets   is more secure compared to  web wallets  i  suppose. Maybe that  guy trying to catch  up  on his  post qouta for sure Smiley

All the things we use must have its own risks, the most important thing is to secure the bitcoin we have is to provide excellent security and update periodically in safeguarding our bitcoin wallet. In the world of the internet or electronic nothing could protect, because indeed there must be a gap that could on hacking
hero member
Activity: 1246
Merit: 588
October 08, 2016, 08:28:52 AM
I always do trust the online wallet that i am using right now and i feel very comfortable using it so i see no point of buying a hardware wallet aside from spending more money i feel that it would be more hassle instead.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
October 08, 2016, 07:23:29 AM
An hardware wallet probably would cost more than the amount of bitcoins i have in my wallet, so it is not for me. It is not for average users neither. They are mostly for rich people who have lots of lots of coins. Hell even they don't need em, just write down your private keys. It is the best hardware wallet.
Writing down your private key is not safer than using a well known hardware wallet like a Trezor.

You could write your private key down but you must first be sure that the key is not already compromised and that it has been created 100% offline with all traces of that key being wiped from your computer before going back online, better still would be to use a computer that has no internet connection. Then you will have to follow a similar process when signing your transactions.

Now all that work is much harder than just using a hardware wallet and it's also not something that is going to be easy for new comers to do.
legendary
Activity: 3276
Merit: 2442
October 08, 2016, 05:47:59 AM
An hardware wallet probably would cost more than the amount of bitcoins i have in my wallet, so it is not for me. It is not for average users neither. They are mostly for rich people who have lots of lots of coins. Hell even they don't need em, just write down your private keys. It is the best hardware wallet.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
October 08, 2016, 04:12:08 AM
No I would honestly not buy an hardware wallet because I think that a hardware wallet is not worth it and its also that with an hardware wallet you are not always secure that the security is good.

I also think that due to the lack of security it has its not worth investing in a hardware wallet, I rather prefer a paper wallet or a cold storage they are in my eyes much safer and for me also better to use for my amount of bitcoins.
Can you please elaborate on what lack of security you are talking about and with what hardware wallet because i don't know of any myself.

Or are you just posting bullshit for your sig payment?
Stop posting what you know nothing about!
Same here  i really dont understand  on  what hes trying to say  regarding  on the   security  of hardware wallets and   regarding with it, having  hardware wallets   is more secure compared to  web wallets  i  suppose. Maybe that  guy trying to catch  up  on his  post qouta for sure Smiley
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
October 07, 2016, 10:38:23 PM
No I would honestly not buy an hardware wallet because I think that a hardware wallet is not worth it and its also that with an hardware wallet you are not always secure that the security is good.

I also think that due to the lack of security it has its not worth investing in a hardware wallet, I rather prefer a paper wallet or a cold storage they are in my eyes much safer and for me also better to use for my amount of bitcoins.
Can you please elaborate on what lack of security you are talking about and with what hardware wallet because i don't know of any myself.

Or are you just posting bullshit for your sig payment?
Stop posting what you know nothing about!
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