Bitcoin wallets

billy
Posts: 4
Joined: Thu Apr 06, 2017 7:40 am

Bitcoin wallets

Postby billy » Thu Apr 06, 2017 10:37 am

What is a Bitcoin wallet? Is it a fine way to secure your Cryptocurrency?
Mark
Posts: 11
Joined: Thu Apr 06, 2017 8:03 am

Re: Bitcoin wallets

Postby Mark » Fri Apr 07, 2017 6:48 am

Bitcoin wallet works the same way as a bank account for traditional money i.e. stores your Bitcoin assets. And yes, it is a secure way of protecting your coins as there is a multilayered security system which is protected by a private key, and the key is only known by the owner. Unless you decide to publicize your key - which would obviously be a mad decision - your coins are completely safe.
robert
Posts: 76
Joined: Thu Apr 06, 2017 7:56 am

Re: Bitcoin wallets

Postby robert » Tue Sep 05, 2017 11:15 am

bitcoin wallets is self descriptive i.e. wallets for storing bitcoins. There are different kinds of wallets. Hardware, software and paper wallets.
roger
Posts: 75
Joined: Thu Apr 06, 2017 12:48 pm

Re: Bitcoin wallets

Postby roger » Tue Sep 05, 2017 11:16 am

this is a very basic que. You can Google it! Anyways no offense! Bitcoin wallets are for storing bitcoins and hold a private key for security and authorization purposes.
rooney
Posts: 99
Joined: Thu Apr 06, 2017 8:49 am

Re: Bitcoin wallets

Postby rooney » Tue Sep 05, 2017 11:17 am

bitcoin wallets are to keep your bitcoins safe. Initially you have a private key and a sharable address, which can be generated more.
sanedelight
Posts: 158
Joined: Wed Apr 26, 2017 8:54 am

Re: Bitcoin wallets

Postby sanedelight » Tue Sep 05, 2017 11:17 am

A caution for beginners! to access your bitcoins in your wallet private key plays the vital role. Without it your wallet can't be unlocked and this is the indirect way of losing your bitcoins. So, wallets may keep your bitcoins safe but your careless can make you left with nothing.
truelegend
Posts: 104
Joined: Tue Sep 05, 2017 7:48 am

Re: Bitcoin wallets

Postby truelegend » Tue Sep 05, 2017 11:18 am

you can download wallets on your PCs, Phone, tablets etc. providing you an easy access to your bitcoins.
vik
Posts: 237
Joined: Wed Apr 19, 2017 7:20 am

Re: Bitcoin wallets

Postby vik » Tue Sep 05, 2017 11:19 am

A good bitcoin wallet keeps track of your transactions.
zach
Posts: 226
Joined: Wed Apr 19, 2017 7:18 am

Re: Bitcoin wallets

Postby zach » Tue Sep 05, 2017 11:19 am

you can have more thn one bitcoin wallets. According to me and others smaller amounts should be kept in online wallets while bitcoins for long term should be saved in hardware wallet or paper wallet.
wesly
Posts: 70
Joined: Wed Aug 23, 2017 4:37 am

Re: Bitcoin wallets

Postby wesly » Tue Sep 05, 2017 11:20 am

there is also another concept related to bitcoin wallets I.e. hot wallets and cold wallets. Hot wallets require internet connection while cold wallets require no internet (also called offline wallets).
rumio
Posts: 81
Joined: Wed Aug 23, 2017 4:38 am

Re: Bitcoin wallets

Postby rumio » Tue Sep 05, 2017 11:21 am

the scams are every where, so don’t trust every online bitcoin wallet.
aliena
Posts: 75
Joined: Wed Aug 23, 2017 4:39 am

Re: Bitcoin wallets

Postby aliena » Tue Sep 05, 2017 11:21 am

In addition to what others said, the desktop wallet also exists and the prvt key is saved in your PC's drive.
howard
Posts: 135
Joined: Fri Apr 07, 2017 6:03 am

Re: Bitcoin wallets

Postby howard » Fri Sep 08, 2017 8:18 am

A bitcoin wallet is a vault to store your coins and yes, if you choose a reputable application your coins are secure in the wallet.
eddy
Posts: 197
Joined: Mon Apr 10, 2017 10:49 am

Re: Bitcoin wallets

Postby eddy » Thu Sep 21, 2017 12:18 pm

do you wanna about bitcoin wallets? So first you need to have some little bit knowledge about bitcoin history, go ahead on google or try to do search about bitcoin wallets yourself
leo1
Posts: 125
Joined: Wed Apr 19, 2017 7:16 am

Re: Bitcoin wallets

Postby leo1 » Thu Sep 21, 2017 12:18 pm

Bitcoin wallet works an indistinguishable path from a financial balance for conventional cash i.e. stores your Bitcoin resources.
justee
Posts: 84
Joined: Wed Apr 19, 2017 7:17 am

Re: Bitcoin wallets

Postby justee » Thu Sep 21, 2017 12:19 pm

bitcoin wallet is like that a store or locker where you people can keep your money and its is secure, if you have a locker then you should definitely have its keys
zach
Posts: 226
Joined: Wed Apr 19, 2017 7:18 am

Re: Bitcoin wallets

Postby zach » Thu Sep 21, 2017 12:20 pm

bitcoin wallet is like a bank account
vik
Posts: 237
Joined: Wed Apr 19, 2017 7:20 am

Re: Bitcoin wallets

Postby vik » Thu Sep 21, 2017 12:20 pm

What's more, truly, it is a safe method for ensuring your coins as there is a multilayered security framework which is ensured by a private key,
faran
Posts: 141
Joined: Wed Apr 19, 2017 7:23 am

Re: Bitcoin wallets

Postby faran » Thu Sep 21, 2017 12:20 pm

as bitcoin is a digital currency so if we talk about bitcoin wallet that mean it’s a software where bitcoin are stored
mig
Posts: 121
Joined: Wed Apr 19, 2017 7:25 am

Re: Bitcoin wallets

Postby mig » Thu Sep 21, 2017 12:21 pm

its like a bank account but bank are not safe while bitcoin wallet are totally have a secured and safe from theft
stevieg8
Posts: 121
Joined: Wed Apr 19, 2017 7:27 am

Re: Bitcoin wallets

Postby stevieg8 » Thu Sep 21, 2017 12:21 pm

if your key is not sharable or just you know about it then bitcoin wallet is secured
lahm
Posts: 209
Joined: Wed Apr 19, 2017 7:28 am

Re: Bitcoin wallets

Postby lahm » Thu Sep 21, 2017 12:22 pm

bitcoin wallets is self distinct i.e. wallets for putting away bitcoins. There are various types of wallets. Equipment, programming and paper wallets.
karim
Posts: 212
Joined: Wed Apr 19, 2017 7:31 am

Re: Bitcoin wallets

Postby karim » Thu Sep 21, 2017 12:22 pm

bitcoin wallets are to protect your bitcoins. At first you have a private key and a sharable address, which can be produced more.
paranoidGlitch
Posts: 224
Joined: Wed May 03, 2017 7:38 am

Re: Bitcoin wallets

Postby paranoidGlitch » Fri Sep 22, 2017 8:03 am

To save bitcoin there are many type of wallets.
pual
Posts: 94
Joined: Tue Sep 05, 2017 5:59 am

Re: Bitcoin wallets

Postby pual » Fri Sep 22, 2017 8:03 am

First you have to choice the type wallets,wallets are of some types online wallets,desktop wallets , Mobile software wallets, papper wallet, hardware wallets.
phil
Posts: 141
Joined: Thu Apr 06, 2017 8:52 am

Re: Bitcoin wallets

Postby phil » Fri Sep 22, 2017 8:03 am

Which one is more secure type of wallet.
Ray
Posts: 119
Joined: Sat Apr 08, 2017 8:23 am

Re: Bitcoin wallets

Postby Ray » Fri Sep 22, 2017 8:04 am

I think desktop wallets are more secure.
reebrilliant
Posts: 172
Joined: Wed Apr 26, 2017 8:37 am

Re: Bitcoin wallets

Postby reebrilliant » Fri Sep 22, 2017 8:04 am

Hardware ware are also secure.
Reyes
Posts: 108
Joined: Sat Apr 08, 2017 6:13 am

Re: Bitcoin wallets

Postby Reyes » Fri Sep 22, 2017 8:05 am

What will happen if hardware device will lost.
Reynolds
Posts: 101
Joined: Fri Apr 07, 2017 10:44 am

Re: Bitcoin wallets

Postby Reynolds » Fri Sep 22, 2017 8:05 am

Just make the back up of that device.
richardson
Posts: 84
Joined: Fri Apr 07, 2017 5:54 am

Re: Bitcoin wallets

Postby richardson » Fri Sep 22, 2017 8:05 am

If you want to select online wallet then use GreenAddress
rivera
Posts: 112
Joined: Fri Apr 07, 2017 5:45 am

Re: Bitcoin wallets

Postby rivera » Fri Sep 22, 2017 8:06 am

"For hardware wallets these are good Ledger Nano S,
KeepKey,Trezor"
robb
Posts: 87
Joined: Sat Apr 08, 2017 11:25 am

Re: Bitcoin wallets

Postby robb » Fri Sep 22, 2017 8:06 am

If you want software wallet for desktop then use Bitcoin Armory
howard
Posts: 135
Joined: Fri Apr 07, 2017 6:03 am

Re: Bitcoin wallets

Postby howard » Thu Sep 28, 2017 8:55 am

Web base wallets are not secure.
jamy
Posts: 187
Joined: Mon Apr 10, 2017 10:42 am

Re: Bitcoin wallets

Postby jamy » Thu Sep 28, 2017 8:55 am

There are Different types of wallet.
Jed
Posts: 80
Joined: Tue Apr 25, 2017 5:38 am

Re: Bitcoin wallets

Postby Jed » Thu Sep 28, 2017 8:55 am

There are four type of wallets desktop wallet, mobile wallets, web wallet, hardware wallet.
Jed
Posts: 80
Joined: Tue Apr 25, 2017 5:38 am

Re: Bitcoin wallets

Postby Jed » Thu Sep 28, 2017 8:55 am

There are four type of wallets desktop wallet, mobile wallets, web wallet, hardware wallet.
joe
Posts: 94
Joined: Thu Apr 06, 2017 10:33 am

Re: Bitcoin wallets

Postby joe » Thu Sep 28, 2017 8:56 am

But hardware wallets are also secure.
joseph
Posts: 71
Joined: Thu Apr 06, 2017 7:52 am

Re: Bitcoin wallets

Postby joseph » Thu Sep 28, 2017 8:57 am

The reason of preferring desktop wallet is they are more secure.
josh
Posts: 82
Joined: Sat Apr 08, 2017 11:24 am

Re: Bitcoin wallets

Postby josh » Thu Sep 28, 2017 8:57 am

Hardware wallets are offline they just connect to laptop.
jsutee
Posts: 70
Joined: Thu Aug 31, 2017 6:17 am

Re: Bitcoin wallets

Postby jsutee » Thu Sep 28, 2017 8:58 am

must keep backup of you wallet.
itsbriskbaby
Posts: 123
Joined: Wed May 03, 2017 7:34 am

Re: Bitcoin wallets

Postby itsbriskbaby » Fri Sep 29, 2017 8:36 am

Bitcoin wallets divide in three different type of wallets.
CookiesSuck
Posts: 120
Joined: Wed May 03, 2017 7:36 am

Re: Bitcoin wallets

Postby CookiesSuck » Fri Sep 29, 2017 8:37 am

Desktop wallet Green address.it, spectroCoin.
paranoidGlitch
Posts: 224
Joined: Wed May 03, 2017 7:38 am

Re: Bitcoin wallets

Postby paranoidGlitch » Fri Sep 29, 2017 8:37 am

Mobile wallet Coinbase
wontonNoodle
Posts: 112
Joined: Wed May 03, 2017 7:41 am

Re: Bitcoin wallets

Postby wontonNoodle » Fri Sep 29, 2017 8:38 am

Web wallet BTC.com
mrShakehands
Posts: 116
Joined: Wed May 03, 2017 7:43 am

Re: Bitcoin wallets

Postby mrShakehands » Fri Sep 29, 2017 8:38 am

hardware Wallet Keep key, CoolWallet, Ledger.
hellGrinder
Posts: 191
Joined: Wed May 03, 2017 7:45 am

Re: Bitcoin wallets

Postby hellGrinder » Fri Sep 29, 2017 8:38 am

Paper wallet
abbot
Posts: 116
Joined: Sat Apr 08, 2017 7:39 am

Re: Bitcoin wallets

Postby abbot » Fri Sep 29, 2017 8:39 am

ace
Posts: 186
Joined: Mon Apr 10, 2017 10:46 am

Re: Bitcoin wallets

Postby ace » Fri Sep 29, 2017 8:39 am

Paper wallet is not a real money.
adair
Posts: 84
Joined: Tue Apr 25, 2017 5:20 am

Re: Bitcoin wallets

Postby adair » Fri Sep 29, 2017 8:40 am

It's just look like real money.
alfie
Posts: 93
Joined: Sat Apr 08, 2017 10:42 am

Re: Bitcoin wallets

Postby alfie » Fri Sep 29, 2017 8:40 am

It is safe to store bitcoin in paper.

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