Pattart
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February 04, 2016, 12:19:06 PM |
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I do not think it's cool, because it's complicated. But as we move into the world of new technologies I think that it will soon be an integral part of the life of every
yeah true. I think it's too complicated if you have many wallets, what do you want from many wallets, there is no benefit to use many wallets right ?
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harizen
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February 04, 2016, 01:00:13 PM |
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I do not think it's cool, because it's complicated. But as we move into the world of new technologies I think that it will soon be an integral part of the life of every
yeah true. I think it's too complicated if you have many wallets, what do you want from many wallets, there is no benefit to use many wallets right ? Complicated in what? You just have many wallets. I see no complicated part there. Benefits? It will saved you honestly especially if a person only use web wallets as their bitcoin wallets.
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hawkins
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February 04, 2016, 01:43:44 PM |
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I use only one wallet for the purpose of making things more simple. I have a Mycellium app with several HD addresses in it. Works well for me.
wow, you're great, not everyone uses only one wallet, I only use two wallets. I think that people use a lot of my wallet, because it has a function of their own
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Michael Vin
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February 04, 2016, 01:58:25 PM |
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The easier answer to this question is - for pure safety.
To be more specific :
Point in using more than one external wallet (not only addresses) is rather easy to understand. Even when you lose access to one of your wallets you still have funds at another ones. For example blockchain like to have an maintenance or being down. What if someone trading using BTC? Many random events like to happen and possibility of ALL external wallets providers being down in the same time is rater small isn't it?
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Shinpako09
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February 04, 2016, 02:42:38 PM |
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People who has a lot if bitcoin definitely using many bitcoin wallets because of the dieting of hacker. They are spreading their coins so if their wallet got hack atleast not all their coins.
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NeuroticFish
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February 04, 2016, 02:44:54 PM |
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Just wondering why people use so many Bitcoin wallets.
Because they can. Not everybody thinks alike, not everybody loves the same things. Since there is the possibility to use various wallets with various features and/or look, people use most of them.
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sishendaoye
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February 04, 2016, 03:12:11 PM |
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Because its better so you don't lose all your coins at one. When you get hacked you will lose everything at once. So that would be very bad for the person.
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martinacar
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February 04, 2016, 03:29:39 PM |
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The use different wallets because the chance you get hacked is not much. But if it happen you do not lose all your bitcoins at once, its pretty smart to do.
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CryingMidget
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February 04, 2016, 03:35:30 PM |
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The use different wallets because the chance you get hacked is not much. But if it happen you do not lose all your bitcoins at once, its pretty smart to do.
Some how quite answer from you But exactly People are using many bitcoin address because they are so many works in bitcoins according to that for each they are one for one work I guess. Scammers used for multiple accounts to earn money in Sig campaign. Be aware these kind of people.
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zeaderza
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February 04, 2016, 05:28:25 PM |
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I use many bitcoin wallet for security purposes. On PC I use a local wallet and for mobile phone I use blockchain (the android app)
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wikenpp
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February 04, 2016, 07:13:35 PM |
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They find that fact much more convenient and easy to operate. It is also quite clear safely. The transaction is in fact a much faster and cheaper. So that's why they use it.
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bitlancr
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February 04, 2016, 07:51:27 PM |
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People use a lot of wallets because if a wallet is getting hacked they don't lose all there bitcoins at once. They than still have some bitcoins left in their other wallets.
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Aamir1
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February 04, 2016, 08:12:37 PM |
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Maybe because they don't want to loose all their money at once in case of hacking or etc, that's why they use multiple wallets to store their bitcoins.
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bjbear123
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February 04, 2016, 08:22:22 PM |
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Its nice to split up the bitcoins into separate wallets.
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Patatas
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February 04, 2016, 08:26:34 PM |
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Its nice to split up the bitcoins into separate wallets.
What is so nice about it ? Logically speaking,the reason I use multiple wallets is to be secure just in case but mostly for my transactions/Savings.I maintain an online wallet for my daily transactions while whatever I earn through gambling or promos I save it in a offline wallet as cold storage (security funds).Besides this,its a good habit to use distributed systems as a way for securing accounts.
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shane
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February 04, 2016, 11:39:24 PM |
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Its nice to split up the bitcoins into separate wallets.
What is so nice about it ? Logically speaking,the reason I use multiple wallets is to be secure just in case but mostly for my transactions/Savings.I maintain an online wallet for my daily transactions while whatever I earn through gambling or promos I save it in a offline wallet as cold storage (security funds).Besides this,its a good habit to use distributed systems as a way for securing accounts. agree with you.... im use offline wallet too to hold my bitcoin im use paper wallet, but my problem is i can't hold for long time, after 2-3monthn i sell my bitcoin (paper wallet)
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blackmachinegun
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February 05, 2016, 03:21:03 AM |
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Its nice to split up the bitcoins into separate wallets.
What is so nice about it ? Logically speaking,the reason I use multiple wallets is to be secure just in case but mostly for my transactions/Savings.I maintain an online wallet for my daily transactions while whatever I earn through gambling or promos I save it in a offline wallet as cold storage (security funds).Besides this,its a good habit to use distributed systems as a way for securing accounts. agree maybe if something happens to your wallet like hacked, of course if you only have one wallet all your money can be lost, be different if you have a lot of wallets,
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heldertb
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February 05, 2016, 04:15:20 AM |
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Its nice to split up the bitcoins into separate wallets.
What is so nice about it ? Logically speaking,the reason I use multiple wallets is to be secure just in case but mostly for my transactions/Savings.I maintain an online wallet for my daily transactions while whatever I earn through gambling or promos I save it in a offline wallet as cold storage (security funds).Besides this,its a good habit to use distributed systems as a way for securing accounts. why do people use so many bitcoin wallets I can,t know but I have no mere bitcoin. i am using only one wallet but other person is why use more bitcoin I don,t know
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pooya87
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February 05, 2016, 04:54:38 AM |
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using different bitcoin wallets is like keeping your money (cash) in different places like bank, credit card, paypal, in your pocket.
bitcoin is the same, i keep most of bitcoins in bank (which is an offline wallet) for security reasons and to spend in the future. i also keep some in my hot wallets, one is Electrum which is to send/receive smaller amounts which i might need and the other is my web wallet because i have started with that one and i am not willing to empty it out.
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ctlaltdefeat
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February 05, 2016, 09:05:47 AM |
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Just wondering why people use so many Bitcoin wallets.
for me,security is the main reason why i choose or use many bitcoin wallets,i dont fully believe to anyone in their review about bitcoin wallet,so i must decide to pick one wallets with many considering by trying some wallets before i pick the best in my view.the second reason is reability and wallet speed.
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