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Bitcoin wallets

Posted: Thu Apr 06, 2017 10:37 am
by billy
What is a Bitcoin wallet? Is it a fine way to secure your Cryptocurrency?

Re: Bitcoin wallets

Posted: Fri Apr 07, 2017 6:48 am
by Mark
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.

Re: Bitcoin wallets

Posted: Tue Sep 05, 2017 11:15 am
by robert
bitcoin wallets is self descriptive i.e. wallets for storing bitcoins. There are different kinds of wallets. Hardware, software and paper wallets.

Re: Bitcoin wallets

Posted: Tue Sep 05, 2017 11:16 am
by roger
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.

Re: Bitcoin wallets

Posted: Tue Sep 05, 2017 11:17 am
by rooney
bitcoin wallets are to keep your bitcoins safe. Initially you have a private key and a sharable address, which can be generated more.

Re: Bitcoin wallets

Posted: Tue Sep 05, 2017 11:17 am
by sanedelight
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.

Re: Bitcoin wallets

Posted: Tue Sep 05, 2017 11:18 am
by truelegend
you can download wallets on your PCs, Phone, tablets etc. providing you an easy access to your bitcoins.

Re: Bitcoin wallets

Posted: Tue Sep 05, 2017 11:19 am
by vik
A good bitcoin wallet keeps track of your transactions.

Re: Bitcoin wallets

Posted: Tue Sep 05, 2017 11:19 am
by zach
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.

Re: Bitcoin wallets

Posted: Tue Sep 05, 2017 11:20 am
by wesly
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).

Re: Bitcoin wallets

Posted: Tue Sep 05, 2017 11:21 am
by rumio
the scams are every where, so don’t trust every online bitcoin wallet.

Re: Bitcoin wallets

Posted: Tue Sep 05, 2017 11:21 am
by aliena
In addition to what others said, the desktop wallet also exists and the prvt key is saved in your PC's drive.

Re: Bitcoin wallets

Posted: Fri Sep 08, 2017 8:18 am
by howard
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.

Re: Bitcoin wallets

Posted: Thu Sep 21, 2017 12:18 pm
by eddy
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

Re: Bitcoin wallets

Posted: Thu Sep 21, 2017 12:18 pm
by leo1
Bitcoin wallet works an indistinguishable path from a financial balance for conventional cash i.e. stores your Bitcoin resources.

Re: Bitcoin wallets

Posted: Thu Sep 21, 2017 12:19 pm
by justee
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

Re: Bitcoin wallets

Posted: Thu Sep 21, 2017 12:20 pm
by zach
bitcoin wallet is like a bank account

Re: Bitcoin wallets

Posted: Thu Sep 21, 2017 12:20 pm
by vik
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,

Re: Bitcoin wallets

Posted: Thu Sep 21, 2017 12:20 pm
by faran
as bitcoin is a digital currency so if we talk about bitcoin wallet that mean it’s a software where bitcoin are stored

Re: Bitcoin wallets

Posted: Thu Sep 21, 2017 12:21 pm
by mig
its like a bank account but bank are not safe while bitcoin wallet are totally have a secured and safe from theft

Re: Bitcoin wallets

Posted: Thu Sep 21, 2017 12:21 pm
by stevieg8
if your key is not sharable or just you know about it then bitcoin wallet is secured

Re: Bitcoin wallets

Posted: Thu Sep 21, 2017 12:22 pm
by lahm
bitcoin wallets is self distinct i.e. wallets for putting away bitcoins. There are various types of wallets. Equipment, programming and paper wallets.

Re: Bitcoin wallets

Posted: Thu Sep 21, 2017 12:22 pm
by karim
bitcoin wallets are to protect your bitcoins. At first you have a private key and a sharable address, which can be produced more.

Re: Bitcoin wallets

Posted: Fri Sep 22, 2017 8:03 am
by paranoidGlitch
To save bitcoin there are many type of wallets.

Re: Bitcoin wallets

Posted: Fri Sep 22, 2017 8:03 am
by pual
First you have to choice the type wallets,wallets are of some types online wallets,desktop wallets , Mobile software wallets, papper wallet, hardware wallets.

Re: Bitcoin wallets

Posted: Fri Sep 22, 2017 8:03 am
by phil
Which one is more secure type of wallet.

Re: Bitcoin wallets

Posted: Fri Sep 22, 2017 8:04 am
by Ray
I think desktop wallets are more secure.

Re: Bitcoin wallets

Posted: Fri Sep 22, 2017 8:04 am
by reebrilliant
Hardware ware are also secure.

Re: Bitcoin wallets

Posted: Fri Sep 22, 2017 8:05 am
by Reyes
What will happen if hardware device will lost.

Re: Bitcoin wallets

Posted: Fri Sep 22, 2017 8:05 am
by Reynolds
Just make the back up of that device.

Re: Bitcoin wallets

Posted: Fri Sep 22, 2017 8:05 am
by richardson
If you want to select online wallet then use GreenAddress

Re: Bitcoin wallets

Posted: Fri Sep 22, 2017 8:06 am
by rivera
"For hardware wallets these are good Ledger Nano S,
KeepKey,Trezor"

Re: Bitcoin wallets

Posted: Fri Sep 22, 2017 8:06 am
by robb
If you want software wallet for desktop then use Bitcoin Armory

Re: Bitcoin wallets

Posted: Thu Sep 28, 2017 8:55 am
by howard
Web base wallets are not secure.

Re: Bitcoin wallets

Posted: Thu Sep 28, 2017 8:55 am
by jamy
There are Different types of wallet.

Re: Bitcoin wallets

Posted: Thu Sep 28, 2017 8:55 am
by Jed
There are four type of wallets desktop wallet, mobile wallets, web wallet, hardware wallet.

Re: Bitcoin wallets

Posted: Thu Sep 28, 2017 8:55 am
by Jed
There are four type of wallets desktop wallet, mobile wallets, web wallet, hardware wallet.

Re: Bitcoin wallets

Posted: Thu Sep 28, 2017 8:56 am
by joe
But hardware wallets are also secure.

Re: Bitcoin wallets

Posted: Thu Sep 28, 2017 8:57 am
by joseph
The reason of preferring desktop wallet is they are more secure.

Re: Bitcoin wallets

Posted: Thu Sep 28, 2017 8:57 am
by josh
Hardware wallets are offline they just connect to laptop.

Re: Bitcoin wallets

Posted: Thu Sep 28, 2017 8:58 am
by jsutee
must keep backup of you wallet.

Re: Bitcoin wallets

Posted: Fri Sep 29, 2017 8:36 am
by itsbriskbaby
Bitcoin wallets divide in three different type of wallets.

Re: Bitcoin wallets

Posted: Fri Sep 29, 2017 8:37 am
by CookiesSuck
Desktop wallet Green address.it, spectroCoin.

Re: Bitcoin wallets

Posted: Fri Sep 29, 2017 8:37 am
by paranoidGlitch
Mobile wallet Coinbase

Re: Bitcoin wallets

Posted: Fri Sep 29, 2017 8:38 am
by wontonNoodle
Web wallet BTC.com

Re: Bitcoin wallets

Posted: Fri Sep 29, 2017 8:38 am
by mrShakehands
hardware Wallet Keep key, CoolWallet, Ledger.

Re: Bitcoin wallets

Posted: Fri Sep 29, 2017 8:38 am
by hellGrinder
Paper wallet

Re: Bitcoin wallets

Posted: Fri Sep 29, 2017 8:39 am
by abbot

Re: Bitcoin wallets

Posted: Fri Sep 29, 2017 8:39 am
by ace
Paper wallet is not a real money.

Re: Bitcoin wallets

Posted: Fri Sep 29, 2017 8:40 am
by adair
It's just look like real money.

Re: Bitcoin wallets

Posted: Fri Sep 29, 2017 8:40 am
by alfie
It is safe to store bitcoin in paper.