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Author Topic: Why do people use so many Bitcoin wallets?  (Read 51657 times)
DuckKeeper
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October 19, 2016, 01:37:10 PM
 #1121

People are using more bitcoin wallets at the same time because do you have all your money on one bank account i dont think so and that is the reason
why people have more wallets than justone.
Cozynunu
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October 19, 2016, 01:41:30 PM
 #1122

There are different options depending on your situation:

Core: if you have the bandwidth and storage capacity to run it. You also support the network by running a node.
Ligthweigth: You don't run the full blockchain, but a "central" chain is used to save bandwidth and storage on your pc. Good if you have a low capacity machine/internet or just don't use bitcoin too often.

Than there are also different types of lightweights, all with their different options and security impelmentations.
People are using bitcoins becuase they are happy to make or money with the bitcoin or other things with the bitcoin and i dont know why they
are just holding them butthere must be a reason for.
Cozynunu
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October 19, 2016, 02:52:00 PM
 #1123

People are using so many wallets becuase they dont want to use just one where all their coins are on you know and that is why they are using more
wallets than before
x4
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October 19, 2016, 03:08:44 PM
 #1124

~snip~
People are using bitcoins becuase they are happy to make or money with the bitcoin or other things with the bitcoin and i dont know why they
are just holding them butthere must be a reason for.
I can't understand what are you talking about all I know is your reply is not related to the OP's post and to the post you quoted.

People use different bitcoin wallet simply because of security purposes.
Klima
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October 19, 2016, 04:38:26 PM
 #1125

~snip~
People are using bitcoins becuase they are happy to make or money with the bitcoin or other things with the bitcoin and i dont know why they
are just holding them butthere must be a reason for.
I can't understand what are you talking about all I know is your reply is not related to the OP's post and to the post you quoted.

People use different bitcoin wallet simply because of security purposes.
Now users will do anything to protect themselves from danger and other troubles. And the first thing is a few purses for bitcoin storage and separately for financial transactions
torrentheaven
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October 19, 2016, 04:52:29 PM
 #1126

~snip~
People are using bitcoins becuase they are happy to make or money with the bitcoin or other things with the bitcoin and i dont know why they
are just holding them butthere must be a reason for.
I can't understand what are you talking about all I know is your reply is not related to the OP's post and to the post you quoted.

People use different bitcoin wallet simply because of security purposes.

That's right multiple wallets will minimize the risks as if your one wallet gets hacked then also your coins will be safe in other wallets so its always good to have multiple wallets instead of having only one.
Orion25
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October 19, 2016, 05:16:27 PM
 #1127

~snip~
People are using bitcoins becuase they are happy to make or money with the bitcoin or other things with the bitcoin and i dont know why they
are just holding them butthere must be a reason for.
I can't understand what are you talking about all I know is your reply is not related to the OP's post and to the post you quoted.

People use different bitcoin wallet simply because of security purposes.
Now users will do anything to protect themselves from danger and other troubles. And the first thing is a few purses for bitcoin storage and separately for financial transactions
If someone wanted to have to hack someone's purse, then it will happen sooner or later. Do not you break his head, however the purse is better to have on the computer desk, it is safer.
South Park
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October 19, 2016, 06:02:50 PM
 #1128

~snip~
People are using bitcoins becuase they are happy to make or money with the bitcoin or other things with the bitcoin and i dont know why they
are just holding them butthere must be a reason for.
I can't understand what are you talking about all I know is your reply is not related to the OP's post and to the post you quoted.

People use different bitcoin wallet simply because of security purposes.
Another reason is to try to obfuscate your activity online, for example if someone knows that an address belongs to you then that person can track where did you spend your coins, by having different wallets you can hide some of your shopping activities online to people that know you.
jonpande
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October 19, 2016, 06:18:54 PM
 #1129

I think it's a good idea to use more than one bitcoin wallets.I use  2 wallet for security purposes. many people get hacked.
If one wallet website get hacked, you have another wallet as an backup.

 
MaritiJames3
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October 20, 2016, 01:56:13 PM
 #1130

they usually use it in order to get some privacy, i think it is the best way to do that
You should make use of multiple bitcoin wallets because then you know tat if you lose one that it is not ever for you because you still have bitcoin left.
Always make use of multiple wallets because you will regret it if you lose it all.
betlord90
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October 20, 2016, 02:40:25 PM
 #1131

Just wondering why people use so many Bitcoin wallets.
Here in our country we need to use different bitcoin wallet because the local wallet can not be use in deposit and withdraw directly in gambling site. Because if detect someone do that their wallet will be ban automaticaly even that wallet have funds.
South Park
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October 20, 2016, 03:51:36 PM
 #1132

Just wondering why people use so many Bitcoin wallets.
Here in our country we need to use different bitcoin wallet because the local wallet can not be use in deposit and withdraw directly in gambling site. Because if detect someone do that their wallet will be ban automaticaly even that wallet have funds.
And why do you have your bitcoins there? Create your own desktop or mobile wallet and ditch them, this is in fact one of the reasons bitcoin was created, so no one could confiscate your money willy-nilly.
ovvidiy
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October 23, 2016, 04:10:17 PM
 #1133

Number of purses that will not give security to which users expect. I just think if you ask this question, it is possible to completely collect information about the purses. This is not the real idea.
kreskko
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October 23, 2016, 04:27:06 PM
 #1134

Just wondering why people use so many Bitcoin wallets.
Here in our country we need to use different bitcoin wallet because the local wallet can not be use in deposit and withdraw directly in gambling site. Because if detect someone do that their wallet will be ban automaticaly even that wallet have funds.
And why do you have your bitcoins there? Create your own desktop or mobile wallet and ditch them, this is in fact one of the reasons bitcoin was created, so no one could confiscate your money willy-nilly.
Mobile application and even desktop computer should have purses, then the results are guaranteed.
chachaa
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October 23, 2016, 05:08:24 PM
 #1135

they usually use it in order to get some privacy, i think it is the best way to do that
You should make use of multiple bitcoin wallets because then you know tat if you lose one that it is not ever for you because you still have bitcoin left.
Always make use of multiple wallets because you will regret it if you lose it all.
The arguments are correct, just do not believe in their functionality.
virusasog
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October 23, 2016, 05:17:21 PM
 #1136

Number of purses that will not give security to which users expect. I just think if you ask this question, it is possible to completely collect information about the purses. This is not the real idea.

Buddy most of the people will not have multiple address for security. they use to have for show anonymous around the people. Its better have electrum desktop wallet to have multiple bitcoin addresses.
MyIdeas
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October 23, 2016, 05:43:37 PM
 #1137

I think it's a good idea to use more than one bitcoin wallets.I use  2 wallet for security purposes. many people get hacked.
If one wallet website get hacked, you have another wallet as an backup.

 
I am also using a number of wallets some are online wallets and desktop wallet is also with me so I do not have any fear of hackers as if anyone will hack one of my wallet account then my remaining bitcoins will remain safe.
hurain
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October 23, 2016, 05:44:15 PM
 #1138

to me people are using so many bitcoin wallets as they really want to make safe their bitcoin, as people have very good amount of bitcoin so they want their money to remain safe therefore they use different wallets.
SMSabuj
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October 23, 2016, 06:01:36 PM
 #1139

Because, they want to increase their income. Smiley
Bitcoinsummoner
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October 23, 2016, 06:14:41 PM
 #1140

Because, they want to increase their income. Smiley
How they are increase their income just to increase and use many wallets? i think it is not their purpose maybe they are using many wallet because its security purposes just like other said here.. they want anonymous their real wallet address.. since even we know the address or publicity of address if you wallet is secured it can not hack by others .. unless if they are made a program that can generate private key for your address.. so i think it can help you to protect your real wallet..



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