Bitcoin wallets

[xBDT Script 4371]

1 minute ago, hexwin said:

xBDT is Electrum multisig expert 😂 ready to help you at any time . Just don't ask him to many questions as maybe he can+t answer all of them 😉

LOL 

You seems have some issue with multsig wallet 😆

Really it is very much safer than using a standard wallet. I have a ledge nano S but I do not use it to store my bitcoin now imagine how peaceful I feel with the multiSig wallet.

Talking about question? When someone does make sure you number them and I will answer every question of your list  😃

[hexwin 4931]

3 minutes ago, xBDT Script said:

LOL 

You seems have some issue with multsig wallet 😆

Really it is very much safer than using a standard wallet. I have a ledge nano S but I do not use it to store my bitcoin now imagine how peaceful I feel with the multiSig wallet.

Talking about question? When someone does make sure you number them and I will answer every question of your list  😃

I have a question also, and I need fast answer and action please:
- When are you going to join our discord group?

We can talk about multisig wallets there also 🙂

[Corrado25 9442]

11 minutes ago, Rifuci said:

From hundreds of Bitcoin Wallet providers that we can choose from, here are 5 examples that can provide Bitcoin storage facilities easily, quickly, and safely.

     Ledger Nano S (Hardware Wallet) ...
     TREZOR (Hardware Wallet) ...
     Blockchain.info (Web Wallet) ...
     Coinbase (Web and Wallet Software) ...
     Exodus (Wallet Software)

I've heard that there are big withdrawal fees on Exodus. The Ledger Nano S Trezor costs little money. Not everyone wants to buy them if you can find a free alternative. Blockchain wallet is a good solution. It does not need to be installed and it is reliable

[hexwin 4931]

1 hour ago, corrao25 said:

I've heard that there are big withdrawal fees on Exodus. The Ledger Nano S Trezor costs little money. Not everyone wants to buy them if you can find a free alternative. Blockchain wallet is a good solution. It does not need to be installed and it is reliable

What if someone hacks them and you cant access website?
I also know people whos account where hacked on blockchain website

NEVER use online wallet, or you can use them but be aware of the risks.

[speedxp 111]

2 hours ago, xBDT Script said:

You are welcome and there are no need to thank for it. Pleasure is mine. Just make sure that you do not change the avatar image you have. I really like it specially that face from Mia 😃

It reminds me some memory and give me a pleasure inside hehe.

LOL, this is totally off-topic, but that doesn't matter. Makes me laugh really hard.
 

 

2 hours ago, xBDT Script said:

By the way, feel free to quote or mention me in any kind of assistance.

Okay, I will do that someday. Nice to meet you.

[Corrado25 9442]

9 hours ago, Makemoneybtc said:

Blockchain is also a very good online wallet, because it is safe and it is very easy to use. They are also one of the msot popular wallets on the internet for bitcoin 

And. It is attractive because it is safe, no need to download and install on a PC. Also, in addition to bitcoin, you can store currencies such as ETH XLM BCH and possibly make an exchange in the middle of the wallet. KYC only needs to be exchanged

[Corrado25 9442]

2 hours ago, Makemoneybtc said:

In the past you could have completed exchanges between coins without a KYC on blockchain but the service they are parter with has added that option a few months ago. Still it is good to store your coins 

So. I like his safety. To enter the wallet, you first need to enter the code that is on the mobile phone and then also confirm the exit through the mail. It is a pity that the exchange inside the wallet will require KYC. I think this is one of the oldest and proven wallets

[hexwin 4931]

Opera browser now has integrated Bitcoin wallet for payments.
One more great news and I hope to see this to all browsers. Brave browser added recently for ethereum.
Next are Firefox and Chrome

[xBDT Script 4371]

2 hours ago, Dguy said:

Multisig I doubt using it because it's not known by anyone and I don't know it too how do you use it

Well this is why it is secure since not many people done much study about it. If a hacker wants to hack your system then they will need both keys and if you keep them in two separate computer/device then it's nearly impossible for them to broadcast a tx from your wallet.

Anyway, the process is not that hard in fact very easy. Here is a tutorial that will help a lot:

https://bitcoinelectrum.com/creating-a-multisig-wallet/ 

[hexwin 4931]

1 hour ago, xBDT Script said:

Well this is why it is secure since not many people done much study about it. If a hacker wants to hack your system then they will need both keys and if you keep them in two separate computer/device then it's nearly impossible for them to broadcast a tx from your wallet.

Anyway, the process is not that hard in fact very easy. Here is a tutorial that will help a lot:

https://bitcoinelectrum.com/creating-a-multisig-wallet/ 

And again you started with multisig wallets 😂

They are not recommended for newbies at all, as some of them don't know even basics of bitcoin and private keys. You can't teach everyone this, first teach them essentials.

Edited October 24, 2019 by hexwin

[xBDT Script 4371]

3 minutes ago, hexwin said:

And again you started with multisig wallets 😂

Eh! 😆

Told you when anyone will ask or talk about it then I will recommend this to them. And this is what I did. I have seen people to lose their coins because of the malicious code injected in one of the Electrum server, I have seen people to lose their fund because of the copy paste malicious virus that change the bitcoin address to certain address and steal the coins.

So, all these really made me to think about better solution and MutiSig is indeed one.

[hexwin 4931]

2 minutes ago, xBDT Script said:

Eh! 😆

Told you when anyone will ask or talk about it then I will recommend this to them. And this is what I did. I have seen people to lose their coins because of the malicious code injected in one of the Electrum server, I have seen people to lose their fund because of the copy paste malicious virus that change the bitcoin address to certain address and steal the coins.

So, all these really made me to think about better solution and MutiSig is indeed one.

I also saw a lot of people who lost their ONE private key, now I can only imagine if they have to do somehting more compilcated than simply keeping and doing backup of one key 🤔

[xBDT Script 4371]

3 minutes ago, hexwin said:

I also saw a lot of people who lost their ONE private key, now I can only imagine if they have to do somehting more compilcated than simply keeping and doing backup of one key 🤔

No, my concern is not in backing up.

My concern is in one time touch it is really easy to steal but when you will have multi point to touch then it's not very easy. Say in 2/2 you need to touch two points and same is for x/y where x is the minimum touch point.

It really makes the life harder for the thieves. 

Edited October 24, 2019 by xBDT Script

[hexwin 4931]

8 minutes ago, xBDT Script said:

No, my concern is not in backing up.

My concern is in one time touch it is really easy to steal but when you will have multi point to touch then it's not very easy. Say in 2/2 you need to touch two points and same is for x/y where x is the minimum touch point.

It really makes the life harder for the thieves. 

Is there really any difference if someones steals your crypto and if you lose private keys?

No there is not difference. You can be your own worst hacker.

If people are not responsible with one key, don't teach them to use two keys

Edited October 24, 2019 by hexwin

[xBDT Script 4371]

2 minutes ago, hexwin said:

Is there really any difference if someones steals your crypto and if you lose private keys?

No and how it's possible to lose the private key?

Now yes if you are that careless and clueless then crypto is not for you. If one knows how to secure their asset they will also know how to keep the information safe too 😊

For them reading this will help:

 

[hexwin 4931]

2 minutes ago, xBDT Script said:

No and how it's possible to lose the private key?

Don't ask me ask lot of people who lost it?

Here is some examples:

- Fire burns your paper with private keys/seed
- Water destroys your paper with private keys/seed
- You forgot where you put your private keys
- Someone steals your house safe with your private key

[xBDT Script 4371]

2 minutes ago, hexwin said:

- Fire burns your paper with private keys/seed

Have multiple copies in different places

3 minutes ago, hexwin said:

- Water destroys your paper with private keys/seed

Have multiple copies in different places

3 minutes ago, hexwin said:

- You forgot where you put your private keys

Have multiple copies in different places

Quote

- Someone steals your house safe with your private key

Have multiple copies in different places

Now I ask you to read the topic I gave you LOL

Here is the thing again, my concern is not in here, my concern is in getting easily trapped by hackers or some unethical person.

[hexwin 4931]

4 minutes ago, xBDT Script said:

Have multiple copies in different places

 

You did not have to repeat same multiple times... and it has nothing to do keeping private keys safe and multisig.

You asked me how people are losing private keys and I told you ways they really lose them.

🙂

PS
It is your concern, but it is not meant for newbie...please understand that 

Edited October 24, 2019 by hexwin

[xBDT Script 4371]

2 minutes ago, hexwin said:

You asked me how people are losing private keys and I told you ways they really lose them.

No I started in securing their wallets so that hackers can not take the money by injecting malicious contents in their system. Have multiple point of touch for your bitcoin to before to broadcast and at - least you will have peace in mind that your coins are safe 😃

3 minutes ago, hexwin said:

but it is not meant for newbie...please understand that 

Nothing is new once you know about it 😁 and it's same for everyone.

[hexwin 4931]

Just now, xBDT Script said:

No I started in securing their wallets so that hackers can not take the money by injecting malicious contents in their system. Have multiple point of touch for your bitcoin to before to broadcast and at - least you will have peace in mind that your coins are safe 😃

Nothing is new once you know about it 😁 and it's same for everyone.

Can they also protect you if you lose Bitcoin in betting or if you keep them in exchanges like most newbies are still doing?  You try to teach a kid  to run, before it even started to stand and walk 

[xBDT Script 4371]

2 minutes ago, hexwin said:

Can they also protect you if you lose Bitcoin in betting or if you keep them in exchanges like most newbies are still doing?

I promise I really do not spend much in betting. Betting is fun for me and honestly it is. My large amount of bitcoin holding are not in any active wallet. Even if I want them to touch then I will need to contact with few people. Obviously those people do not have any idea what they have from me.

4 minutes ago, hexwin said:

if you keep them in exchanges like most newbies are still doing? 

Only those I have got from this forum 😆

4 minutes ago, hexwin said:

You try to teach a kid  to run, before it even started to stand and walk 

We are in 2019 not in stone age 🤪

By the way, I am having run here. 😃

[hexwin 4931]

21 minutes ago, xBDT Script said:

Only those I have got from this forum 😆

 

Just for you I made small question topic regarding Where people keep bitcoins, on online exchanges and wallets.

Check it out to see results soon

 

[hexwin 4931]

Does anyone know the difference  for this two type of wallets?
1. COLD wallet
2. HOT wallet

If anyone can explain it with NO Copy/Paste...  plagiarism and spam will be reported!

Thank you

[hexwin 4931]

19 minutes ago, Kruze07 said:

For those who were concerned about retaining privacy  and anonymity I would advise Wasabi wallet that has build-in  CoinJoins protocol to mix coins coming from trustless sources.

Have you used any of this wallets so far. I think they charge extra fees for this and not many peopel are using Coinjoins.... but they are best so far.

[seriousguywithfunnypants 266]

On 10/9/2019 at 4:33 PM, Consignee said:

Sounds cool, I hope we will not see another version of Bittttcooooonnnnecttttt!

This kind of wallet or whatever you say it which offer interest, will certainly one day get run out because when there will be a significant price change, they will get trouble to be stable.

Agree with you. These kind of high interest projects are not mostly sustainable and many of them are scam. If you want to invest on those projects first you need to research about their business model.