Ninjastic
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Board Web Wallets
Re: Blockchain wallet sucks
by
Wandering Soul~
on 08/05/2017, 10:17:28 UTC
Quote from: dustboy on May 08, 2017, 09:01:06 AM
Quote from: piebeyb on May 07, 2017, 02:04:01 PM
Quote from: FlamingFingers on May 07, 2017, 01:54:30 PM
Quote from: piebeyb on May 07, 2017, 01:48:55 PM
You can use the blockchain wallet on your smart phone, I think it is very safe to use a blockchain wallet or otherwise like a coinbase wallet
Online wallets are never secure nor safe – you don't hold complete control over your Bitcoins, hence, there is always a chance that you will lose your funds (due to hacks, bugs, malwares, etc.). Better use an offline wallet, OP. It's much more secure and you have control over your coins – something like Bitcoin Core (if you can bear/handle downloading more than 60GBs), or use a light wallet like Electrum.
Security depends on how users keep their bitcoins not just by looking at the wallets they use


No matter how you keep your bitcoins on online wallet, it is always safer to use offline wallet such as multibit or bitcoincore. Of course security is the most important thing here, but even if you have set full security on online wallet then you cant do anything once the site is hacked.
I guess those people haven't  considered the fact that it can be hacked, the owner can run with their money and can bring some  big changes in the future like verification etc. I'm not saying  that you shouldn't use online walets just don't store a big amount of bitcoin in there .  Just admit that there are more safer kinds of wallet than online wallets .