Topic: Why do people use so many Bitcoin wallets? - page 5. (Read 51715 times)
The only main reason use so many bitcoin wallets, this is for security and safety purposes. They do not want to let all their earning or money be saved in one wallet or maybe they differentiate their earnings from one wallet to another. Its just having not just one savings account or using different credit cards..
I use a lot wallet because I use it for different businesses. probably many people who use a lot wallet because they want to make a deal that they did not know. so they make a lot wallet and ultimately collect bitcoin they get on the wallet. I think it will make you become more secure bitcoin
I think the main reason is that makes you safer. because using many wallet then you will be protected from theft that makes all of your bitcoin missingI use a lot wallet because I use it for different businesses. probably many people who use a lot wallet because they want to make a deal that they did not know. so they make a lot wallet and ultimately collect bitcoin they get on the wallet. I think it will make you become more secure bitcoin
I think the main reason is that makes you safer. because using many wallet then you will be protected from theft that makes all of your bitcoin missing
I use multiple wallets because of the security that you get from the off-chance that your private key gets found, as well as keeping my Bitcoin spread out so I'm not keeping all of my eggs in one basket. Some is placed in exchanges, some in online wallets, some in desktop wallets. Nothing too insane and a lot of it is pretty standard from what I've heard on the forum.
Because if you lose the passwords for some wallet, you won't lose all your funds and some wallets are more secure than others and some have cool features like, buy amazon gift cards third party wallet with no fees but all these wallets have their own risk is better to have the private keys
Yeah for me i stay in one wallet for now because i already experience the good things about this wallet than online wallet.. as of now never made any problem in electrum only for sign message before but it fix right now.. and i think its more safe to save more bitcoins in electrum just i always save my private keys and password and seeds, to backup it once electrum are gone i can install my private keys to other wallet.. I use a lot wallet because I use it for different businesses. probably many people who use a lot wallet because they want to make a deal that they did not know. so they make a lot wallet and ultimately collect bitcoin they get on the wallet. I think it will make you become more secure bitcoin
Well i do use 5 wallet adress, all from blockchain.info, because each adress has a source of income or is used to pay something specific, im lazy to make a note at each transaction i got or make, soo those adress take care all the things.
I use a lot wallet because I use it for different businesses. probably many people who use a lot wallet because they want to make a deal that they did not know. so they make a lot wallet and ultimately collect bitcoin they get on the wallet. I think it will make you become more secure bitcoin
Because if you lose the passwords for some wallet, you won't lose all your funds and some wallets are more secure than others and some have cool features like, buy amazon gift cards third party wallet with no fees but all these wallets have their own risk is better to have the private keys
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.
I think that the main reason for having different accounts is functionality, different wallets give to you different capabilities, maybe you have a hardware wallet to store your coins but it’s probably not something that you want with you all the time, so you have a wallet in your phone to spend while on the move. 
Most of the people are using a multiple account for their own 'SECURITY’.
We must have a plenty numbers of wallet where we can keep our money in a safety mode. Less worry. Hackers wouldn't traced the address so easily if we are using many different address and we don't stick to only one.
For instance, if our account is being hacked by someone then we won't gonna lose all of our money.
We must have a plenty numbers of wallet where we can keep our money in a safety mode. Less worry. Hackers wouldn't traced the address so easily if we are using many different address and we don't stick to only one.
For instance, if our account is being hacked by someone then we won't gonna lose all of our money.
In this case, having multiple wallets would do if you posses large amounts of bitcoins but still useless if you store it on web wallets its better to store on pc or hardware wallets . some people do have multiple wallets depending on their transactions and interest.
Not all people use many bitcoin wallets. Some of them only use just one. Their most trusted one. Because you can't trust all of them. You know. Some of them might go down the other day. However, we only use multiple wallets to protect the whole of our money. I mean, if you only put all your money to a single wallet, who knows what might happen, right?
I think if you want to use a lot wallet make sure you use this type of purse or wallet different online sites, because it will be useless if you have a lot of sites purse wallet but the same online?but if you think that one wallet it's safe I think it's not a problem
Not all people use many bitcoin wallets. Some of them only use just one. Their most trusted one. Because you can't trust all of them. You know. Some of them might go down the other day. However, we only use multiple wallets to protect the whole of our money. I mean, if you only put all your money to a single wallet, who knows what might happen, right?
I think if you want to use a lot wallet make sure you use this type of purse or wallet different online sites, because it will be useless if you have a lot of sites purse wallet but the same online?but if you think that one wallet it's safe I think it's not a problem
Bitcoin wallets are used my may people nowadays becuase it is more convenient specially when paying small amount bills. Bitcoin is getting popular specially in China, and other Asian countries because people here are busy and the would want to pay in more fast way.
I use three different wallets and I think it depends on how quick and how secure you want your wallet, I use core, Electrum and Multibit and Each has it's own advantage regarding how quick, or safe it is, Multibit is in between therefore the default wallet I use.
Multibit is quite ok to me recently as I am used to store my bitcoins on local exchanges. I am fond of trading and my bitcoins is scattered among different exchanges. I used also electrum before but it takes time to access, maybe its worth a try again.
I use three different wallets and I think it depends on how quick and how secure you want your wallet, I use core, Electrum and Multibit and Each has it's own advantage regarding how quick, or safe it is, Multibit is in between therefore the default wallet I use.
Almost all people use different wallet address maybe for more secured and anonymity.
I have 3 address just to make sure if one has been hacked, not all my coins lost.
I have 3 address just to make sure if one has been hacked, not all my coins lost.
Not all people use many bitcoin wallets. Some of them only use just one. Their most trusted one. Because you can't trust all of them. You know. Some of them might go down the other day. However, we only use multiple wallets to protect the whole of our money. I mean, if you only put all your money to a single wallet, who knows what might happen, right?
yeah of course there are some people who use one wallet only, like my friend he only has one wallet or purse desktop that is electrum he said that the wallet is very safe and it took him only one wallet alone and it makes it simple
Not all people use many bitcoin wallets. Some of them only use just one. Their most trusted one. Because you can't trust all of them. You know. Some of them might go down the other day. However, we only use multiple wallets to protect the whole of our money. I mean, if you only put all your money to a single wallet, who knows what might happen, right?
iam use many bitcoin wallet
and much addres , iam saving and secure my balance bitcoin
because is only one wallet only one addres is attack hack, is all balance bitcoin gone
yes that is a fact and i also agree with you that most of the time people use so many wallet only for security reason, as there is always a chance of hacking the bitcoin wallet so people use to distribute their bitcoins in different wallets so as to minimize the risk of stealing bitcoin. and much addres , iam saving and secure my balance bitcoin
because is only one wallet only one addres is attack hack, is all balance bitcoin gone
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.
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