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Topic: Why do people use so many Bitcoin wallets? - page 2. (Read 51660 times)

hero member
Activity: 602
Merit: 500
I think it's a good idea to use more than one bitcoin wallets.I use  2 wallet for security purposes. many people get hacked.
If one wallet website get hacked, you have another wallet as an backup.

 
It would be much better and safer if you use offline wallet.If you have lots of bitcoin,never ever keep them in online wallet.Just keep them safely in cold storage
hero member
Activity: 896
Merit: 514
to me as people have a lot of bitcoin they do not like to keep them in one wallet as there is always a chance of hacking the key therefore they use multi wallet instead of one wallet.
i agree with you and i think its good idea if someone try to hack bitcoin so they can not hack all bitcoin from one account and i think its so good idea to divide your all bitcoin on multiple account and i also prefer that its really good way to save your bitcoin from hackers.
full member
Activity: 224
Merit: 100
to me as people have a lot of bitcoin they do not like to keep them in one wallet as there is always a chance of hacking the key therefore they use multi wallet instead of one wallet.
hero member
Activity: 1358
Merit: 622
Maintain Social Distance, Stay safe.
Because, they want to increase their income. Smiley
How they are increase their income just to increase and use many wallets? i think it is not their purpose maybe they are using many wallet because its security purposes just like other said here.. they want anonymous their real wallet address.. since even we know the address or publicity of address if you wallet is secured it can not hack by others .. unless if they are made a program that can generate private key for your address.. so i think it can help you to protect your real wallet..
sr. member
Activity: 602
Merit: 251
I am a professional Web Designer and Developer
Because, they want to increase their income. Smiley
sr. member
Activity: 462
Merit: 250
to me people are using so many bitcoin wallets as they really want to make safe their bitcoin, as people have very good amount of bitcoin so they want their money to remain safe therefore they use different wallets.
sr. member
Activity: 734
Merit: 250
I think it's a good idea to use more than one bitcoin wallets.I use  2 wallet for security purposes. many people get hacked.
If one wallet website get hacked, you have another wallet as an backup.

 
I am also using a number of wallets some are online wallets and desktop wallet is also with me so I do not have any fear of hackers as if anyone will hack one of my wallet account then my remaining bitcoins will remain safe.
sr. member
Activity: 462
Merit: 250
Number of purses that will not give security to which users expect. I just think if you ask this question, it is possible to completely collect information about the purses. This is not the real idea.

Buddy most of the people will not have multiple address for security. they use to have for show anonymous around the people. Its better have electrum desktop wallet to have multiple bitcoin addresses.
sr. member
Activity: 287
Merit: 250
they usually use it in order to get some privacy, i think it is the best way to do that
You should make use of multiple bitcoin wallets because then you know tat if you lose one that it is not ever for you because you still have bitcoin left.
Always make use of multiple wallets because you will regret it if you lose it all.
The arguments are correct, just do not believe in their functionality.
sr. member
Activity: 270
Merit: 250
Just wondering why people use so many Bitcoin wallets.
Here in our country we need to use different bitcoin wallet because the local wallet can not be use in deposit and withdraw directly in gambling site. Because if detect someone do that their wallet will be ban automaticaly even that wallet have funds.
And why do you have your bitcoins there? Create your own desktop or mobile wallet and ditch them, this is in fact one of the reasons bitcoin was created, so no one could confiscate your money willy-nilly.
Mobile application and even desktop computer should have purses, then the results are guaranteed.
full member
Activity: 238
Merit: 250
Number of purses that will not give security to which users expect. I just think if you ask this question, it is possible to completely collect information about the purses. This is not the real idea.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Just wondering why people use so many Bitcoin wallets.
Here in our country we need to use different bitcoin wallet because the local wallet can not be use in deposit and withdraw directly in gambling site. Because if detect someone do that their wallet will be ban automaticaly even that wallet have funds.
And why do you have your bitcoins there? Create your own desktop or mobile wallet and ditch them, this is in fact one of the reasons bitcoin was created, so no one could confiscate your money willy-nilly.
hero member
Activity: 630
Merit: 500
Just wondering why people use so many Bitcoin wallets.
Here in our country we need to use different bitcoin wallet because the local wallet can not be use in deposit and withdraw directly in gambling site. Because if detect someone do that their wallet will be ban automaticaly even that wallet have funds.
sr. member
Activity: 448
Merit: 250
they usually use it in order to get some privacy, i think it is the best way to do that
You should make use of multiple bitcoin wallets because then you know tat if you lose one that it is not ever for you because you still have bitcoin left.
Always make use of multiple wallets because you will regret it if you lose it all.
sr. member
Activity: 323
Merit: 250
I think it's a good idea to use more than one bitcoin wallets.I use  2 wallet for security purposes. many people get hacked.
If one wallet website get hacked, you have another wallet as an backup.

 
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
~snip~
People are using bitcoins becuase they are happy to make or money with the bitcoin or other things with the bitcoin and i dont know why they
are just holding them butthere must be a reason for.
I can't understand what are you talking about all I know is your reply is not related to the OP's post and to the post you quoted.

People use different bitcoin wallet simply because of security purposes.
Another reason is to try to obfuscate your activity online, for example if someone knows that an address belongs to you then that person can track where did you spend your coins, by having different wallets you can hide some of your shopping activities online to people that know you.
full member
Activity: 239
Merit: 250
~snip~
People are using bitcoins becuase they are happy to make or money with the bitcoin or other things with the bitcoin and i dont know why they
are just holding them butthere must be a reason for.
I can't understand what are you talking about all I know is your reply is not related to the OP's post and to the post you quoted.

People use different bitcoin wallet simply because of security purposes.
Now users will do anything to protect themselves from danger and other troubles. And the first thing is a few purses for bitcoin storage and separately for financial transactions
If someone wanted to have to hack someone's purse, then it will happen sooner or later. Do not you break his head, however the purse is better to have on the computer desk, it is safer.
hero member
Activity: 952
Merit: 1000
~snip~
People are using bitcoins becuase they are happy to make or money with the bitcoin or other things with the bitcoin and i dont know why they
are just holding them butthere must be a reason for.
I can't understand what are you talking about all I know is your reply is not related to the OP's post and to the post you quoted.

People use different bitcoin wallet simply because of security purposes.

That's right multiple wallets will minimize the risks as if your one wallet gets hacked then also your coins will be safe in other wallets so its always good to have multiple wallets instead of having only one.
sr. member
Activity: 240
Merit: 250
~snip~
People are using bitcoins becuase they are happy to make or money with the bitcoin or other things with the bitcoin and i dont know why they
are just holding them butthere must be a reason for.
I can't understand what are you talking about all I know is your reply is not related to the OP's post and to the post you quoted.

People use different bitcoin wallet simply because of security purposes.
Now users will do anything to protect themselves from danger and other troubles. And the first thing is a few purses for bitcoin storage and separately for financial transactions
x4
hero member
Activity: 1106
Merit: 508
~snip~
People are using bitcoins becuase they are happy to make or money with the bitcoin or other things with the bitcoin and i dont know why they
are just holding them butthere must be a reason for.
I can't understand what are you talking about all I know is your reply is not related to the OP's post and to the post you quoted.

People use different bitcoin wallet simply because of security purposes.
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