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satdas
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October 03, 2016, 09:41:43 PM |
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i think the main reason is for security measure, to me as people have a large amount of bitcoin and they do not feel easy to put all the bitcoin in a sing wallet, because there is always a chance of hacking their wallet, therefore they like to put and keep their bitcoin in different wallets to minimize the risk of hacking the wallet.
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Hellacopter
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October 03, 2016, 09:50:37 PM |
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I think people feel safest when they use multiple wallets, so they have always more than place to store their bitcoins and dont put all their eggs in just one basket
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nejibens
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October 03, 2016, 09:57:22 PM |
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People use so many Bitcoin wallets because they search for the security and they think its more secure to store their bitcoins in more than a wallet.
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diodio5
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October 03, 2016, 10:32:54 PM |
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Some people use many Bitcoin wallet specially those people who wants to earn a lot of bitcoin every week for signature campaign plus many accounts here in bitcointalk. As for me i only use 1 Bitcoin wallet , 1 is enough for me to received and send bitcoins.
it is very possible. bitcoin wallet reproduce address can also bring opportunities to earn more money. we are free to use it. it is a choice. Yeah May be that is right but use so many bitcoin wallet will make them get higher fee cost. but If they do this becouse of security . It could be the best way,becouse everithing in the internet is could be hacked by some one who know about how this texhnology work. yeah because you're going to wear a lot of addresses of course fee to send bitcoin will increase, but I think it is not a matter of seeing we will get better so the likelihood of security for all of us stolen bitcoin will be smaller. not a problem to get a bigger fee |
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blackmachinegun
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October 04, 2016, 12:02:51 AM |
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I use XAPO. They allow me to create multiple wallets. I not understand what is the purpose for this.
Can someone explain?
Thanks!
Lol I think there is not any purpose xapo provide flexibility, because in fact there is no prohibition to use a lot of wallets. even you are free to have 100 wallet though. there is nothing wrong with it. but of course has a lot of purses will make you confused? so use only as needed |
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ArdiPrabowo
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October 04, 2016, 12:18:06 AM |
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iam use multi wallet multi addres
i want my bitcoin is save, this much have multi wallet if you bitcoin attact hack, you not lost all bitcoin
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naidray
Legendary
 Offline
Activity: 1232
Merit: 1029
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October 04, 2016, 08:19:59 AM |
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I use XAPO. They allow me to create multiple wallets. I not understand what is the purpose for this.
Can someone explain?
Thanks!
Lol I think there is not any purpose xapo provide flexibility, because in fact there is no prohibition to use a lot of wallets. even you are free to have 100 wallet though. there is nothing wrong with it. but of course has a lot of purses will make you confused? so use only as needed Yes, getting involved with the so many different wallets and dealing with many different passwords and seed words really getting our life messy if we are not properly managing them. Having multiple bitcoin wallets for different purposes must be right idea but having them without purposes might lead to more confusions over time. |
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ajun96
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October 04, 2016, 10:37:03 PM |
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I think people feel safest when they use multiple wallets, so they have always more than place to store their bitcoins and dont put all their eggs in just one basket
yeah I did that, at least I have 3 bitcoin wallet and I split my third to the wallet, sure to make it look secure. because of the possibility of hackers to get into your wallet perfectly possible, so to minimize the loss of all the money, I had to split into many places |
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2legit2
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October 05, 2016, 12:40:11 AM |
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Some people use many Bitcoin wallet specially those people who wants to earn a lot of bitcoin every week for signature campaign plus many accounts here in bitcointalk. As for me i only use 1 Bitcoin wallet , 1 is enough for me to received and send bitcoins.
it is very possible. bitcoin wallet reproduce address can also bring opportunities to earn more money. we are free to use it. it is a choice. Yeah May be that is right but use so many bitcoin wallet will make them get higher fee cost. but If they do this becouse of security . It could be the best way,becouse everithing in the internet is could be hacked by some one who know about how this texhnology work. well yeah bitcoins are really safe at the moment but it might be hacked in the future too |
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JeffBrad12
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October 05, 2016, 01:28:10 AM |
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But different with the mainstream answer in this place, for researching about measuring the security in every wallet and for getting the best wallet who has a good security in my mind. starting from analyze a various features and program in the wallet and that's not about securing my money.
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jossiel
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October 05, 2016, 04:08:27 AM |
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But different with the mainstream answer in this place, for researching about measuring the security in every wallet and for getting the best wallet who has a good security in my mind. starting from analyze a various features and program in the wallet and that's not about securing my money.
I did this before I created xapo wallet and block chain wallet. So at first the only wallet I know is xapo and upon using xapo upgraded and its security went higher too. And I found it interesting that xapo is making their security stronger but I stopped on that time, because it makes me annoyed. But as of now, I am sticking with blockchain. |
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blackmachinegun
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October 05, 2016, 06:38:41 AM |
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iam use multi wallet multi addres
i want my bitcoin is save, this much have multi wallet if you bitcoin attact hack, you not lost all bitcoin
a good idea it is the main function why I use 4 wallet as well today. in addition to this course I was more anonymous so that I get a higher security true what was said to you that the possibility for all of your bitcoin stolen will shrink. so this is a good method |
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Supercrypt
Legendary
Offline
Activity: 1554
Merit: 1054
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October 05, 2016, 06:54:53 AM |
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iam use multi wallet multi addres
i want my bitcoin is save, this much have multi wallet if you bitcoin attact hack, you not lost all bitcoin
a good idea it is the main function why I use 4 wallet as well today. in addition to this course I was more anonymous so that I get a higher security true what was said to you that the possibility for all of your bitcoin stolen will shrink. so this is a good method Yes, when you are using different bitcoin address for different purpose your anonymity is highly assured additional to what bitcoin is already providing. It means we are protected with double layer of anonymity. Being anonymous must be one of the security measurements to ensure our protection from hackers. |
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danherbias07
Legendary
Offline
Activity: 3164
Merit: 1123
Leading Crypto Sports Betting & Casino Platform
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October 05, 2016, 07:03:20 AM |
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iam use multi wallet multi addres
i want my bitcoin is save, this much have multi wallet if you bitcoin attact hack, you not lost all bitcoin
a good idea it is the main function why I use 4 wallet as well today. in addition to this course I was more anonymous so that I get a higher security true what was said to you that the possibility for all of your bitcoin stolen will shrink. so this is a good method Yeah we know there have been a lot of hacks just by clicking the evil websites they created. With this method we are to keep safe our other bitcoins. They might get one but they will get a hard time with other accounts. |
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Ybalevia
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October 05, 2016, 07:12:28 AM |
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Peopple uses more than one wallet and that is becuase i know for sure that lots of people want to put their money on one bank you also have more than one bank account for your dollars so bitcoin usrs also.
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rektDude
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October 05, 2016, 07:12:30 AM |
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People dont use many wallets i think they are just using one wallet maybe others want to use more just becuase that is becasue they have that lot of bitcoins i dont know what it else can be.
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BeGoods
Legendary
Offline
Activity: 1372
Merit: 1008
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October 05, 2016, 01:08:48 PM |
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Some people use many Bitcoin wallet specially those people who wants to earn a lot of bitcoin every week for signature campaign plus many accounts here in bitcointalk. As for me i only use 1 Bitcoin wallet , 1 is enough for me to received and send bitcoins.
it is very possible. bitcoin wallet reproduce address can also bring opportunities to earn more money. we are free to use it. it is a choice. Yeah May be that is right but use so many bitcoin wallet will make them get higher fee cost. but If they do this becouse of security . It could be the best way,becouse everithing in the internet is could be hacked by some one who know about how this texhnology work. I think it is not a problem of lack of use of many wallets are you going to feel confused because it uses a lot of wallets and other is the fee you're going to spend more. yeah it is a risk that you will be able to when using many wallets, but it was not a problem because you benefit with higher security |
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Noctis Connor
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October 05, 2016, 01:10:56 PM |
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people use many bitcoin wallet because they wanted their bitcoin is stored securely, and therefore they have more than one bitcoin wallet. I think that's good
even they use one bitcoin there are secured already but if this really the matter that people are creating so much money i think it just because of gambling ? well i will tell you here in my country you will not allowed to receive bitcoin from any gambling website if they found out that address is from gambling your bitcoin wallet will be locked! then thats the reason why some of my country men are using multiple wallets |
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diodio5
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October 05, 2016, 11:30:32 PM |
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i didn't notice or maybe it depends on the user. sometimes they use it to avoid detection on something they're involved.
i've using only two.
I think not to go undetected because if you want you can no longer detectable using other bitcoin address, and it can be done only with one wallet, because the wallet can contain hundreds of addresses? so I think the reason is more than that |
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Corenin
Legendary
Offline
Activity: 1008
Merit: 1000
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October 05, 2016, 11:33:01 PM |
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People who are holding huge volume of coins will never prefer to keep all their coins at a single place and will go for multiple wallets to diversify their risks, but if you have limited coins then its always good to have them in a single wallet.
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