Why do people use so many Bitcoin wallets? - page 4.

lexuz

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Me, myself and I

Quote from: safari88 on October 17, 2016, 11:30:52 AM

Quote from: dunfida on October 17, 2016, 11:22:19 AM

Quote from: bamboylee on October 17, 2016, 11:01:08 AM

Quote from: Noctis Connor on October 14, 2016, 09:26:00 AM

Quote from: aomakun on October 07, 2016, 12:14:13 PM

maybe they made a lot wallet to make a lot of clone accounts as well .. Grin

Maybe right Maybe theres are really something reason why people are using bitcoin multiple wallets because some of bitcoin wallet they don't want there services are receiving bitcoin from any gambling website this is one of the reason and thats the reason why they are creating another bitcoin wallet/

Now that you mention it, you are right. I also did that before. because one of the wallet I have do not accept bitcoin from gambling sites. It work out for the best because now my funds are more secure.

There are lots of reasons to consider from different people on why they do have multiple addresses. As you mentioned you use other web wallets because there are really some local wallets which is very strict regarding their rules because they would block you eventually if they know that you are earning it on a particular gambling site .

Yeah there are lots of reasons why using a lot of wallet, I think including it could actually be they have cloned account, or separate income from several different sources, or avoid a hacker in order not to keep too much money in one wallet and could be the reason every wallet will surely be disrupted, so save on many of the wallet is a good choice.

Only one the reason a lot people using many bitcoin address because they not want get track by other people mostly of them is a gambler.

safari88

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Quote from: dunfida on October 17, 2016, 11:22:19 AM

Quote from: bamboylee on October 17, 2016, 11:01:08 AM

Quote from: Noctis Connor on October 14, 2016, 09:26:00 AM

Quote from: aomakun on October 07, 2016, 12:14:13 PM

maybe they made a lot wallet to make a lot of clone accounts as well .. Grin

Maybe right Maybe theres are really something reason why people are using bitcoin multiple wallets because some of bitcoin wallet they don't want there services are receiving bitcoin from any gambling website this is one of the reason and thats the reason why they are creating another bitcoin wallet/

Now that you mention it, you are right. I also did that before. because one of the wallet I have do not accept bitcoin from gambling sites. It work out for the best because now my funds are more secure.

There are lots of reasons to consider from different people on why they do have multiple addresses. As you mentioned you use other web wallets because there are really some local wallets which is very strict regarding their rules because they would block you eventually if they know that you are earning it on a particular gambling site .

Yeah there are lots of reasons why using a lot of wallet, I think including it could actually be they have cloned account, or separate income from several different sources, or avoid a hacker in order not to keep too much money in one wallet and could be the reason every wallet will surely be disrupted, so save on many of the wallet is a good choice.

dunfida

legendary

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Quote from: bamboylee on October 17, 2016, 11:01:08 AM

Quote from: Noctis Connor on October 14, 2016, 09:26:00 AM

Quote from: aomakun on October 07, 2016, 12:14:13 PM

maybe they made a lot wallet to make a lot of clone accounts as well .. Grin

Maybe right Maybe theres are really something reason why people are using bitcoin multiple wallets because some of bitcoin wallet they don't want there services are receiving bitcoin from any gambling website this is one of the reason and thats the reason why they are creating another bitcoin wallet/

Now that you mention it, you are right. I also did that before. because one of the wallet I have do not accept bitcoin from gambling sites. It work out for the best because now my funds are more secure.

There are lots of reasons to consider from different people on why they do have multiple addresses. As you mentioned you use other web wallets because there are really some local wallets which is very strict regarding their rules because they would block you eventually if they know that you are earning it on a particular gambling site .

bamboylee

hero member

Activity: 1148

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Quote from: Noctis Connor on October 14, 2016, 09:26:00 AM

Quote from: aomakun on October 07, 2016, 12:14:13 PM

maybe they made a lot wallet to make a lot of clone accounts as well .. Grin

Maybe right Maybe theres are really something reason why people are using bitcoin multiple wallets because some of bitcoin wallet they don't want there services are receiving bitcoin from any gambling website this is one of the reason and thats the reason why they are creating another bitcoin wallet/

Now that you mention it, you are right. I also did that before. because one of the wallet I have do not accept bitcoin from gambling sites. It work out for the best because now my funds are more secure.

drwtsn32

sr. member

Activity: 476

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I use Blockchain and I use a secret wallet where all my important transactions come and go.
My Blockchain holds my earnings from faucets and stuff.
You see the importance? This helps you manage your money and lessens the chance of you getting hacked.

Hoor

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Quote from: Noctis Connor on October 17, 2016, 08:45:20 AM

Quote from: choppork on October 14, 2016, 11:57:08 PM

People use various Bitcoin wallets so they can get multiple identities online. Most people that use this don't want to reveal their main account or atleast their alt accounts. They don't want those accounts to get a connection. Some people just want to have a backup wallet, just in case their main wallet gets hacked or gets a problem. I do have two wallets because the first wallet that I have doesn't support all the necessary stuffs for Bitcoin.

What? haha bitcoin is still anonymous and no one can know your identities online but if you are going to use it on forum then they can remember your account are linked on that bitcoin address like what happening on this forum so much mutple accounts in bitcoin wallet because they are using it for gambling.

yes that is a fact that no one can get identity of a person as bitcoin is really anonymous, and that is the beauty of bitcoin that no one know the nationality or the name or a person in bitcoin.

Noctis Connor

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Quote from: choppork on October 14, 2016, 11:57:08 PM

People use various Bitcoin wallets so they can get multiple identities online. Most people that use this don't want to reveal their main account or atleast their alt accounts. They don't want those accounts to get a connection. Some people just want to have a backup wallet, just in case their main wallet gets hacked or gets a problem. I do have two wallets because the first wallet that I have doesn't support all the necessary stuffs for Bitcoin.

What? haha bitcoin is still anonymous and no one can know your identities online but if you are going to use it on forum then they can remember your account are linked on that bitcoin address like what happening on this forum so much mutple accounts in bitcoin wallet because they are using it for gambling.

Fatanut

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In Bitcoin, we aren't actually anonymous. We're pseudonymous. We can have a lot of names online and act as different persons. We can register as much accounts as we want online to any website except to those that has a one IP one account policy, of course. Nevertheless, since we can be two or three person online, all those individuals should have their own Bitcoin wallets. The accounts shouldn't have a joined Bitcoin wallet so you can't be easily traced.

Roboabhishek

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I was not aware that people use so many bitcoins wallet.
Though I use multibit and blockchain these days :p

sasha456

newbie

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Is it more safe this way but it's also risky. Perhaps it's also needed to use bitcoin carefully and to protect each wallet.

DashCoinDark

sr. member

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Quote from: justspare on December 10, 2015, 03:14:46 AM

Just wondering why people use so many Bitcoin wallets.

People make use of many wallets because it is allot safer then juts having one wallet with all of your Bitcoin. With more wallets it does not hurt as much when you lose one.
If you just have on wallet and you lose that one then you have lost it all.

farishta

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to me most of the people may be using bitcoin as some people have good amount of bitcoin and they try to keep safe their bitocin for this reason the use different wallets and then distribute their money in such wallets of as to avoid hacking to these accounts.

andreahalle

newbie

Activity: 1

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Hey there, Im a newbie. I am from Singapore. There is few wallet provider in Singapore

Quoine
Coin Hako
ItBit
FYB-SG
Coin Republic

Who is the best and secure provider in Singapore? I also heard about Bitx recently.

Can anyone help me

skyway1

full member

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Quote from: moonya on October 16, 2016, 11:27:37 AM

Quote from: randy8777 on October 16, 2016, 10:59:55 AM

Quote from: darety1 on October 16, 2016, 02:37:09 AM

I thought that every transaction is anonymous anyway. One of the advantages of Bitcoins is that all transactions are kind of anonymous. I thought so.

if you send coins to a person you know, then this person knows that address belongs to you. in that aspect you're not anonymus anymore. that's why after every one or few transactions you should use a freshly generated wallet address. i do that to outside bitcointalk. i simply don't want people in my private life to follow what i do.

Why then, without fear and risk, many showed their intention to address purses. Do not feel the danger.

yeah i think this reason because people are using many bitcoin wallet so i think its secure way to secure your bitcoin from hacker because there is a huge problem from hacker and i prefer that make many bitcoin wallet its good .

moonya

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Quote from: randy8777 on October 16, 2016, 10:59:55 AM

Quote from: darety1 on October 16, 2016, 02:37:09 AM

I thought that every transaction is anonymous anyway. One of the advantages of Bitcoins is that all transactions are kind of anonymous. I thought so.

if you send coins to a person you know, then this person knows that address belongs to you. in that aspect you're not anonymus anymore. that's why after every one or few transactions you should use a freshly generated wallet address. i do that to outside bitcointalk. i simply don't want people in my private life to follow what i do.

Why then, without fear and risk, many showed their intention to address purses. Do not feel the danger.

randy8777

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Quote from: darety1 on October 16, 2016, 02:37:09 AM

I thought that every transaction is anonymous anyway. One of the advantages of Bitcoins is that all transactions are kind of anonymous. I thought so.

if you send coins to a person you know, then this person knows that address belongs to you. in that aspect you're not anonymus anymore. that's why after every one or few transactions you should use a freshly generated wallet address. i do that to outside bitcointalk. i simply don't want people in my private life to follow what i do.

South Park

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I am terrible at Fantasy Football!!!

Quote from: zimmah on October 16, 2016, 04:02:13 AM

security and privacy mostly.

no need to worry though, you can't run out of bitcoin (well, technically there is a finite amount, but that amount is so large that we will not run out before the end of the universe so no worries).

I have seen some estimates that say that the last bitcoin will be mined around the year 2140 while the estimates of the end of the universe are around 100 quintillion years( yeah quintillion is a number) so your statement is incorrect, but I get what you are saying.

zimmah

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security and privacy mostly.

no need to worry though, you can't run out of bitcoin (well, technically there is a finite amount, but that amount is so large that we will not run out before the end of the universe so no worries).

darety1

newbie

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I thought that every transaction is anonymous anyway. One of the advantages of Bitcoins is that all transactions are kind of anonymous. I thought so.

pocarime32

sr. member

Activity: 420

Merit: 250

I think people have many bitcoins wallets because they want more safety on their bitcoins. So when something bad happened on 1 wallet, they don't need to worry because they spread their bitcoins into many wallets.

Topic: Why do people use so many Bitcoin wallets? - page 4. (Read 51660 times)