Quote from: LeGaulois on December 02, 2017, 01:49:32 PM

Quote from: No Checks, Czechs Welcome on December 02, 2017, 01:18:31 PM

You need to tell your friend to wise up if he want's to use a online wallet. A lot of the online wallets won't allow you to know your private key so if the website ever goes down through DDOS or other attacks then you won't be able to access your Bitcoin.

Quote from: slate_main on November 30, 2017, 08:43:45 PM

Nope, no online wallet is 'safe', if you do not hold the private keys - you do not control or own the coin.

Also, I lost an account on blockchain.info, no longer there but the BTC still shows.. another story there..

Bitwala gives you the private keys, in fact, they don't store any keys, for security reasons. So if you lose your keys it's gone because they won't be able to help you with this.

Yes, bitwala provide users private keys which they didn't have any copy of it but there wallet seems easy to use but it somehow not security safe to me.