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Question: How many separate exchanges and wallets do you use?
None, I don't own any crypto - 1 (1.8%)
1, all the eggs in one basket baby - 9 (15.8%)
2-5, spreading 'em out - 25 (43.9%)
5-10, I'm an addict - 8 (14%)
10+, where'd that BTC go? - 14 (24.6%)
Total Voters: 57

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Author Topic: Poll: How many exchanges and wallets do you use?  (Read 1477 times)
DannyHamilton
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May 03, 2014, 05:20:15 PM
 #21

Can u plz point out where Satoshi Nakamoto recommended this way ?

The original Bitcoin Whitepaper. Before he every even released the software.

Section 10. Privacy

Quote
a new key pair should be used for each transaction to keep them from being linked to a common owner.

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May 03, 2014, 05:22:14 PM
 #22

What do you recommend as the number of wallets to have?


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DannyHamilton
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May 03, 2014, 05:32:11 PM
 #23

What do you recommend as the number of wallets to have?

At least 3.

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May 03, 2014, 05:32:15 PM
 #24

bitstamp, btc-e, cryptsy, bter, bittrex, poloniex..

THE INGENIOUS GENTLEMAN DON QUIXOTE OF LA MANCHA
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May 03, 2014, 05:32:44 PM
 #25

What do you recommend as the number of wallets to have?

At least 3.
why 3?

THE INGENIOUS GENTLEMAN DON QUIXOTE OF LA MANCHA
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Pony789
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May 03, 2014, 05:39:37 PM
 #26

4 wallets for me. 1 on btc-e, 1 on bitstamp, 1 on my computer, 1 paper wallet.

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May 03, 2014, 06:12:22 PM
 #27

I am also curious... Why 3?


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..............CASTRTM





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Pony789
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May 03, 2014, 06:33:50 PM
 #28

What do you recommend as the number of wallets to have?

At least 3.
why 3?
I am also curious... Why 3?

Maybe one exchange wallet holding 0 btc in 99.9% time only for buy/sell bitcoin, one for for holding a small amount of bitcoin for daily usage, one holding all the rest bitcoin offline.
Just my own guess.

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May 03, 2014, 06:44:08 PM
 #29

If people are into alt coins, I would think they will have more wallets at exchanges. I don't mine or buy alts, so I only have 3 bitcoin wallets, and 1 exchange account which holds no coins.
DannyHamilton
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May 03, 2014, 10:18:52 PM
 #30

What do you recommend as the number of wallets to have?
At least 3.
why 3?

With my local currency:

I have a "very secure" storage at the bank, but it's difficult to access the cash if I want it ( either wait until they are open to make a withdrawal, or use an ATM which has limits and fees)

I also can store some cash in my pocket. This is much more convenient (I have the cash immediately at hand at every moment) Unfortunately, this is a high risk situation where a thief could steal it.  Pulling too much out of my pocket can even make me a target for thieves. Therefore, to reduce risk, I generally carry much smaller amounts in my pocket at any moment.

To have easier access, while reducing risk of theft, I can store moderate amounts of cash in my house in a safe. I can use this to replenish what I spend from my pocket.

I use a similar "multi-tier" approach with Bitcoin.

I have paper wallets for "very secure", but inconvenient storage of larger amounts.
I have a web hosted, or mobile device, wallet for high risk but quick access small amounts.
I have an Armory (or Electrum offline) wallet to replenish my "carrying around" wallet or for purchases from websites while at home.

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May 04, 2014, 04:28:47 PM
 #31

With my local currency:

I have a "very secure" storage at the bank, but it's difficult to access the cash if I want it ( either wait until they are open to make a withdrawal, or use an ATM which has limits and fees)

I also can store some cash in my pocket. This is much more convenient (I have the cash immediately at hand at every moment) Unfortunately, this is a high risk situation where a thief could steal it.  Pulling too much out of my pocket can even make me a target for thieves. Therefore, to reduce risk, I generally carry much smaller amounts in my pocket at any moment.

To have easier access, while reducing risk of theft, I can store moderate amounts of cash in my house in a safe. I can use this to replenish what I spend from my pocket.

I use a similar "multi-tier" approach with Bitcoin.

I have paper wallets for "very secure", but inconvenient storage of larger amounts.
I have a web hosted, or mobile device, wallet for high risk but quick access small amounts.
I have an Armory (or Electrum offline) wallet to replenish my "carrying around" wallet or for purchases from websites while at home.

This is a great approach, it should be advocated or at least described on the wiki ...
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May 04, 2014, 04:34:34 PM
 #32

i do have two wallets but four adresses
 Smiley Smiley Smiley

                                                                               
                
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May 04, 2014, 04:42:08 PM
 #33

I use my multibit wallet mostly. And also having some wallet in https://blockchain.info/.

The exchange i mainly using https://www.cryptsy.com.

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May 05, 2014, 05:30:40 AM
 #34

I use bitcoin-QT with armory and blockchain on my phone.
I try to use as many exchanges as possible, but only keep money on 3 or 4.  Cavirtex, VOS, Bitfinex, Bter, Korbit, Coinplug, Kraken, Btc-e, looking into BitX. 
Used to use Gox, Vicurex and Bitup before they imploded.
Looking forward to the launch of Ciphertade as well.
Peace

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May 05, 2014, 01:01:21 PM
 #35

I only use a single wallet on my desktop computer, running Bitcoin-QT; I don't actually have many BTCs now due to having got goxxed hard, and I never had lots of them anyway, thus I'm ok with a single-wallet setup (of course with encryption and proper wallet backup).

I trade on various exchanges and I have an active account on almost all the ones trading in EURs, but I don't keep money there unless actively using it.
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May 05, 2014, 02:01:11 PM
 #36

only cryptsy is real.

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May 05, 2014, 02:02:16 PM
 #37

I use to use cryptorush.in before they closed down. But that was a scam site anyway!

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