Bitcoin Forum
June 15, 2024, 11:26:26 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 ... 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 [55] 56 57 58 59 »
  Print  
Author Topic: Why do people use so many Bitcoin wallets?  (Read 51657 times)
uname
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
October 15, 2016, 11:38:00 PM
 #1081

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 missing

Zadicar
Legendary
*
Offline Offline

Activity: 1372
Merit: 1020


Vave.com - Crypto Casino


View Profile
October 16, 2016, 04:04:17 AM
 #1082

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 missing
Well this are the  common reason why do people tend to use  multiple wallet because of  security means  but  this would really be an ideal thing to do   especially when you do have lots of bitcoin but for me  i would still prefer  to use desktop wallets  compare to web wallets  these are just  good for  online transactions.

██████
██
██
██
██
██
██
██
██
██
██
██████
██████            ██████
 █████            █████
  █████          █████
   █████        █████
 ████████      ████████
  ████████    ████████
      █████  █████ 
    ████████████████
    ████████████████
        ████████   
         ██████     
          ████     
           ██         
AVE.COM | BRANDNEW CRYPTO
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀.. CASINO & BETTING PLATFORM
██████
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██████
🏆🎁
██████
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████   ████████████████   ██████
.
..PLAY NOW..
.
██████   ███████████████████   █████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██████
Fatamorgana
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
October 16, 2016, 04:08:35 AM
 #1083

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..
pocarime32
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250



View Profile
October 16, 2016, 04:17:33 AM
 #1084

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.
darety1
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
October 16, 2016, 06:37:09 AM
 #1085

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.
zimmah
Legendary
*
Offline Offline

Activity: 1106
Merit: 1005



View Profile
October 16, 2016, 08:02:13 AM
 #1086

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).
South Park
Hero Member
*****
Offline Offline

Activity: 2926
Merit: 798


I am terrible at Fantasy Football!!!


View Profile
October 16, 2016, 02:46:53 PM
 #1087

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.
randy8777
Legendary
*
Offline Offline

Activity: 896
Merit: 1000


View Profile
October 16, 2016, 02:59:55 PM
 #1088

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.
moonya
Sr. Member
****
Offline Offline

Activity: 263
Merit: 250



View Profile
October 16, 2016, 03:27:37 PM
 #1089

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.
skyway1
Full Member
***
Offline Offline

Activity: 224
Merit: 100



View Profile
October 16, 2016, 03:39:38 PM
 #1090

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 .
andreahalle
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
October 17, 2016, 05:35:33 AM
 #1091

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
farishta
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
October 17, 2016, 06:16:56 AM
 #1092

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.
DashCoinDark
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


View Profile
October 17, 2016, 08:05:55 AM
 #1093

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.
sasha456
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
October 17, 2016, 08:15:15 AM
 #1094

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.
Roboabhishek
Hero Member
*****
Offline Offline

Activity: 882
Merit: 528


View Profile
October 17, 2016, 11:44:55 AM
 #1095

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

Activity: 1008
Merit: 1060


View Profile
October 17, 2016, 12:35:59 PM
 #1096

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.

░░░░░░░▄▄▄▄▄▄
░░░░▄██████████▄
░░░██████████████
░░██████▐▌██████
█████░░░░░░░▀█████
██████▄▄░░▄▄░░██████
████████░░▀▀▄██████
████████░░▄▄▄░░█████
██████▀▀░░▀▀▀░░█████
█████░░░░░░░░█████
░░██████▐▌██████
░░░██████████████
░░░░▀██████████▀
░░░░░░░▀▀▀▀▀▀
░░░

                   BitCloak Bitcoin Mixer  
  BTC & BCH | API| MULTIADDRESS| PGP PROOF|  FAST MIX |  ESCROW|  MORE ! 

░░░░░░░▄▄▄▄▄▄
░░░░▄██████████▄
░░░██████████████
░░██████▐▌██████
█████░░░░░░░▀█████
██████▄▄░░▄▄░░██████
████████░░▀▀▄██████
████████░░▄▄▄░░█████
██████▀▀░░▀▀▀░░█████
█████░░░░░░░░█████
░░██████▐▌██████
░░░██████████████
░░░░▀██████████▀
░░░░░░░▀▀▀▀▀▀
░░░

Noctis Connor
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 540


View Profile
October 17, 2016, 12:45:20 PM
 #1097

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.
Hoor
Member
**
Offline Offline

Activity: 95
Merit: 10


View Profile
October 17, 2016, 01:54:03 PM
 #1098

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. 
drwtsn32
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile
October 17, 2016, 02:17:22 PM
 #1099

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.
bamboylee
Hero Member
*****
Offline Offline

Activity: 1148
Merit: 504


View Profile
October 17, 2016, 03:01:08 PM
 #1100

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.
Pages: « 1 ... 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 [55] 56 57 58 59 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!